1704 N Hickory LnProvoUT84604
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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 Provo at 1704 N Hickory Ln, Provo, UT, 84604 with 5% annual appreciation on a $275,300 basis while $1,846/mo rent supports operations. Total monthly income totals $1,846/mo and a $1,347/mo payment preserves $233/mo for cash returns. Annual cash flow comes to $2,795/yr on $91,262 deployed, and return on cash invested reaches 22.97% in year one. Equity gained on principal adds $1,776/yr, and five-year appreciation sums $76,060 alongside rental yield of 8.05%. Five-year ROI measures 118.82% and total cumulative return in cash totals $108,441.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,846/mo property income versus a $1,347/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1979
N/A 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
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