1940 Prospector Ave #106Park CityUT84060
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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 Park City at 1940 Prospector Ave #106, Park City, UT, 84060 listed at $274,900 pairs $1,842/mo rent with a $1,346/mo payment to leave $231/mo cash flow. Total monthly income runs $1,842/mo, and annual cash flow reaches $2,775/yr on $91,129 cash to close. Return on cash invested measures 22.95% in year one, and rental yield registers 8.04% at a $274,900 basis. Equity gained on principal adds $1,774/yr, and annual property appreciation at 5% supports $75,950 by year five. Five-year ROI tracks 118.77% and total cumulative return in cash totals $108,231. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,842/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
1,306 sqft lot
$N/A/sqft
No 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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