2065 California Ave APT BProvoUT84606
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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 Provo at 2065 California Ave APT B, Provo, UT, 84606 offers $1,951/mo rent that, after a $1,390/mo payment, leaves $137/mo cash flow. Total monthly income is $1,951/mo, and annual cash flow is $1,639/yr on $94,113 cash. Return on cash invested measures 21.65% in year one, and rental yield stands at 8.25% at a $283,900 entry. Equity gained on principal adds $1,832/yr while 5% annual appreciation compounds into $78,436 by year five. Five-year ROI records 112.46% and total cumulative return in cash reaches $105,837. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,951/mo property income versus a $1,390/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1979
435 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84606, Provo, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,094 (100%) |
| Owner Occupied HU | 2,547 (21.1%) |
| Renter Occupied HU | 8,696 (71.9%) |
| Vacant Housing Units | 851 ( 7.0%) |
| Median Home Value | $523,120 |
| Average Home Value | $562,309 |
Housing Distribution
Address Breakdown
Residential
10,921
Single Family
8,652
Multi-Family
2,269
Businesses
544
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