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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% |
Investment property for sale in Draper at 164 Spencer Peak Way #A-9, Draper, UT, 84020 listed at $340,000 pairs $1,924/mo rent with a $1,664/mo payment. Total monthly income runs $1,924/mo. Return on cash invested measures 16.78% in year one, and rental yield registers 6.79% at a $340,000 basis. Equity gained on principal adds $2,194/yr, and annual property appreciation at 5% supports $93,936 by year five. Five-year ROI tracks 86.53% and total cumulative return in cash totals $97,530. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,924/mo property income relative to a $1,664/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
435.60 sqft lot
$N/A/sqft
$225 monthly HOA
Neighborhood data shown for ZIP Code: 84020, Draper, UT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,895 (100%) |
| Owner Occupied HU | 11,559 (64.6%) |
| Renter Occupied HU | 5,608 (31.3%) |
| Vacant Housing Units | 728 ( 4.1%) |
| Median Home Value | $820,190 |
| Average Home Value | $909,367 |
Residential
18,061
Single Family
13,777
Multi-Family
4,284
Businesses
2,342
Date | Event | Price |
|---|---|---|
| 2024-09-17 | Listed for sale | $340,000 |
| 2022-10-20 | Listing removed | $350,000 |
| 2022-09-26 | Price change | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: James Roth • Real Broker, LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2023837
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-14 06:25:54 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](/info/mls-disclaimers/#mls_319)
