15000 N 8500 ESpring CityUT84662
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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 Spring City at 15000 N 8500 E, Spring City, UT, 84662 generates $2,568/mo in rent, after a $2,628/mo payment. Total monthly income is $2,568/mo. Return on cash invested sits at 16.13% in year one, and rental yield is 5.74% on a $536,900 entry. Equity gained on principal adds $3,465/yr, while 5% annual appreciation builds toward $148,336 over five years. Five-year ROI reaches 82.09% and total cumulative return in cash sums $144,997. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,568/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
5.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84662, Spring City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 427 (100%) |
| Owner Occupied HU | 327 (76.6%) |
| Renter Occupied HU | 37 ( 8.7%) |
| Vacant Housing Units | 63 (14.8%) |
| Median Home Value | $488,983 |
| Average Home Value | $589,801 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
23
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Listed by: Kent Bradley Rowley • Century 21 Essentials Realty
Mls Name: UtahRealEstate.com
Mls ID: #2099310