1940 Prospector Ave #307Park 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 #307, Park City, UT, 84060 earns $516/mo cash flow from $2,098/mo rent with a $1,321/mo payment. Total monthly income totals $2,098/mo, and annual cash flow totals $6,193/yr on $89,472 capital. ROI tracks 26.83% on current figures, and rental yield reads 9.33% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 139.57% and total cumulative return in cash sums $124,878. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,098/mo property income instead of your personal income.
Condo
Built in 1988
435.60 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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