1885 E 230 SSpanish ForkUT84660
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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
Rental property for sale in Spanish Fork at 1885 E 230 S, Spanish Fork, UT, 84660 generates $2,282/mo in rent and, after a $1,884/mo payment, leaves $26/mo in cash flow. Total monthly income is $2,282/mo, and annual cash flow is $310/yr on $127,628 invested. Return on cash invested sits at 20.15% in year one, and rental yield is 7.11% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 103.72% and total cumulative return in cash sums $132,370. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,282/mo property income rather than buyer’s personal income.
Townhouse
Built in 2015
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84660, Spanish Fork, UT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
14,043
Single Family
13,982
Multi-Family
61
Businesses
1,172
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Listed by: Jennifer Wilcox • Bybee & Co Realty, LLC
Mls Name: UtahRealEstate.com
Mls ID: #2115646