2241 N 1060 WProvoUT84604
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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
Total monthly income runs $1,970/mo, and a $3,915/mo payment. Purchase price stands at $799,900, and rental yield measures 2.96% with $1,970/mo rent. Return on cash invested shows 7.67% in year one, and 5% annual appreciation builds toward $220,998 over five years. Five-year ROI reaches 36.72% and total cumulative return in cash records $96,624. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,970/mo property income covering a $3,915/mo payment rather than investor’s personal income.
Multi Family
Built in 1968
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84604, Provo, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,565 (100%) |
| Owner Occupied HU | 6,339 (43.5%) |
| Renter Occupied HU | 7,103 (48.8%) |
| Vacant Housing Units | 1,123 ( 7.7%) |
| Median Home Value | $690,851 |
| Average Home Value | $759,657 |
Housing Distribution
Address Breakdown
Residential
13,687
Single Family
12,558
Multi-Family
1,129
Businesses
924
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