1940 E Prospector Ave #224Park CityUT84060
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 Park City at 1940 E Prospector Ave #224, Park City, UT, 84060 earns $483/mo cash flow from $2,410/mo rent with a $1,370/mo payment. Total monthly income totals $2,410/mo, and annual cash flow totals $5,800/yr on $92,820 capital. ROI tracks 26.16% on current figures, and rental yield reads 10.33% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 137.29% and total cumulative return in cash sums $127,437. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,410/mo property income instead of your personal income.
Condo
Built in 1988
435.60 sqft lot
$N/A/sqft
$286 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84060, Park City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,187 (100%) |
| Owner Occupied HU | 2,555 (27.8%) |
| Renter Occupied HU | 1,266 (13.8%) |
| Vacant Housing Units | 5,366 (58.4%) |
| Median Home Value | $1,797,414 |
| Average Home Value | $1,646,951 |
Housing Distribution
Address Breakdown
Residential
2,867
Single Family
2,270
Multi-Family
597
Businesses
748
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Listed by: Nancy Tallman • Summit Sotheby's International Realty
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2027942
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-02-19 06:50:33 PST. 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)