1246 E 400 SProvoUT84606
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Provo at 1246 E 400 S, Provo, UT, 84606 generates $1,525/mo in rent, after a $2,290/mo payment. Total monthly income is $1,525/mo. Return on cash invested sits at 10.49% in year one, and rental yield is 3.91% on a $467,900 entry. Equity gained on principal adds $3,019/yr, while 5% annual appreciation builds toward $129,272 over five years. Five-year ROI reaches 51.91% and total cumulative return in cash sums $80,518. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,525/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84606, Provo, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,094 (100%) |
| Owner Occupied HU | 2,547 (21.1%) |
| Renter Occupied HU | 8,696 (71.9%) |
| Vacant Housing Units | 851 ( 7.0%) |
| Median Home Value | $523,120 |
| Average Home Value | $562,309 |
Housing Distribution
Address Breakdown
Residential
10,921
Single Family
8,652
Multi-Family
2,269
Businesses
544
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