216 E 850 S #6-204Spanish 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
Investment property for sale in Spanish Fork at 216 E 850 S #6-204, Spanish Fork, UT, 84660 listed at $336,535 pairs $2,303/mo rent with a $1,647/mo payment to leave $331/mo cash flow. Total monthly income runs $2,303/mo, and annual cash flow reaches $3,968/yr on $111,561 cash to close. Return on cash invested measures 23.47% in year one, and rental yield registers 8.21% at a $336,535 basis. Equity gained on principal adds $2,172/yr, and annual property appreciation at 5% supports $92,978 by year five. Five-year ROI tracks 121.49% and total cumulative return in cash totals $135,538. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,303/mo property income relative to a $1,647/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2025
435.60 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: Carson R Johns • Keystone Brokerage LLC
Mls Name: UtahRealEstate.com
Mls ID: #2129226