1673 Hickory Ln #10DProvoUT84604
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
Investment property for sale in Provo at 1673 Hickory Ln #10D, Provo, UT, 84604 offers a 7.2% rental yield on a $285,000 purchase with $1,709/mo rent. Total monthly income registers $1,709/mo, and a $1,395/mo payment leaves $39/mo available for distribution. Annual cash flow reaches $462/yr on $94,478 to close, and return on cash invested stands at 20.4% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 105.06% and total cumulative return in cash at $99,258. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,709/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1980
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84604, Provo, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,565 (100%) |
| Owner Occupied HU | 6,339 (43.5%) |
| Renter Occupied HU | 7,103 (48.8%) |
| Vacant Housing Units | 1,123 ( 7.7%) |
| Median Home Value | $690,851 |
| Average Home Value | $759,657 |
Housing Distribution
Address Breakdown
Residential
13,687
Single Family
12,558
Multi-Family
1,129
Businesses
924
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices