1380 W Parkside DrProvoUT84601
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1380 W Parkside Dr, Provo, UT, 84601 priced at $371,200 converts $2,384/mo rent into $208/mo cash flow after a $1,817/mo obligation. Total monthly income equals $2,384/mo, and annual cash flow totals $2,498/yr on $123,053 invested. Return on cash invested prints 21.94% in year one, and rental yield reads 7.71% against a $371,200 entry. Equity gained on principal adds $2,395/yr, while 5% annual appreciation compiles into $102,556 by year five. Five-year ROI reaches 113.33% and total cumulative return in cash sums $139,450. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,384/mo property income covering a $1,817/mo payment, not borrower’s personal income.
Single Family
Built in 2007
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84601, Provo, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,674 (100%) |
| Owner Occupied HU | 5,409 (46.3%) |
| Renter Occupied HU | 5,828 (49.9%) |
| Vacant Housing Units | 437 ( 3.7%) |
| Median Home Value | $505,865 |
| Average Home Value | $508,499 |
Housing Distribution
Address Breakdown
Residential
11,794
Single Family
10,303
Multi-Family
1,491
Businesses
981
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices