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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Spanish Fork at 1605 E 500 S, Spanish Fork, UT, 84660 generates $2,215/mo in rent, after a $2,251/mo payment. Total monthly income is $2,215/mo. Return on cash invested sits at 16.13% in year one, and rental yield is 5.78% on a $460,000 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation builds toward $127,090 over five years. Five-year ROI reaches 82.15% and total cumulative return in cash sums $125,269. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,215/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 84660, Spanish Fork, UT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,380 (100%) |
| Owner Occupied HU | 11,239 (78.2%) |
| Renter Occupied HU | 2,720 (18.9%) |
| Vacant Housing Units | 421 ( 2.9%) |
| Median Home Value | $577,761 |
| Average Home Value | $623,470 |
Residential
14,043
Single Family
13,982
Multi-Family
61
Businesses
1,172
Date | Event | Price |
|---|---|---|
| 2025-04-15 | Listed for sale | $460,000 |
| 2019-08-07 | Sold | N/A |
| 2019-06-11 | Price change | $307,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-17 | $2237.02 | 1.61% | $419,700 | 3.60% |
| 2022-04-17 | $2201.54 | 22.11% | $405,100 | 152.33% |
| 2021-04-17 | $1802.92 | 5.69% | $160,545 | -40.21% |
Listed by: Justin Hutchins • Legacy Group Real Estate PLLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2077601
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-04-17 12:28:18 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#319)
