1402 Empire Ave #2BPark CityUT84060
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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
Investment property for sale in Park City at 1402 Empire Ave #2B, Park City, UT, 84060 listed at $1,050,000 pairs $4,956/mo rent with a $5,139/mo payment. Total monthly income runs $4,956/mo. Return on cash invested measures 14.03% in year one, and rental yield registers 5.66% at a $1,050,000 basis. Equity gained on principal adds $6,775/yr, and annual property appreciation at 5% supports $290,096 by year five. Five-year ROI tracks 71.53% and total cumulative return in cash totals $243,329. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,956/mo property income relative to a $5,139/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
871.20 sqft lot
$N/A/sqft
$600 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84060, Park City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,187 (100%) |
| Owner Occupied HU | 2,555 (27.8%) |
| Renter Occupied HU | 1,266 (13.8%) |
| Vacant Housing Units | 5,366 (58.4%) |
| Median Home Value | $1,797,414 |
| Average Home Value | $1,646,951 |
Housing Distribution
Address Breakdown
Residential
2,867
Single Family
2,270
Multi-Family
597
Businesses
748
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Listed by: Mary Ciminelli • Summit Sotheby's Realty
Mls Name: PCBR
Mls Provider:
Mls ID: #12500096
Disclaimer: This information is provided exclusively for consumers personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS. The multiple listing information is provided by Park City Board of REALTORS from a copyrighted compilation of listings. The compilation of listings and each individual listing are 2025 Park City Board of REALTORS, All Rights Reserved. Access to the multiple listing information through this website is made available by Zillow Inc. as a member of the Park City Board of REALTORS multiple listing service.