1513 Meadow Loop Rd APT 3Park CityUT84098
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
Total monthly income runs $4,020/mo, and a $7,293/mo payment. Purchase price stands at $1,490,000, and rental yield measures 3.24% with $4,020/mo rent. Return on cash invested shows 7.6% in year one, and 5% annual appreciation builds toward $411,660 over five years. Five-year ROI reaches 36.66% and total cumulative return in cash records $177,004. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,020/mo property income covering a $7,293/mo payment rather than investor’s personal income.
Condo
Built in 1980
3,484 sqft lot
$N/A/sqft
$425 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84098, Park City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,342 (100%) |
| Owner Occupied HU | 6,821 (60.1%) |
| Renter Occupied HU | 1,603 (14.1%) |
| Vacant Housing Units | 2,918 (25.7%) |
| Median Home Value | $1,288,462 |
| Average Home Value | $1,368,166 |
Housing Distribution
Address Breakdown
Residential
9,222
Single Family
5,644
Multi-Family
3,578
Businesses
979
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sara Skille • Windermere RE Utah - Park Ave
Mls Name: PCBR
Mls Provider:
Mls ID: #12503291
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.