1561 S Main StSpringvilleUT84663
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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 Springville at 1561 S Main St, Springville, UT, 84663 listed at $650,000 pairs $1,463/mo rent with a $3,181/mo payment. Total monthly income runs $1,463/mo. Return on cash invested measures 6.89% in year one, and rental yield registers 2.7% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 32.58% and total cumulative return in cash totals $69,674. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,463/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84663, Springville, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,546 (100%) |
| Owner Occupied HU | 8,144 (70.5%) |
| Renter Occupied HU | 3,075 (26.6%) |
| Vacant Housing Units | 327 ( 2.8%) |
| Median Home Value | $552,908 |
| Average Home Value | $604,436 |
Housing Distribution
Address Breakdown
Residential
11,318
Single Family
10,873
Multi-Family
445
Businesses
1,052
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Listed by: Jacelyn Peterson • KW Westfield (Excellence)
Mls Name: UtahRealEstate.com
Mls ID: #2093586