2302 E 320 N #41Spanish ForkUT84660
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2302 E 320 N #41, Spanish Fork, UT, 84660 uses $202,302 cash to close to unlock $1,519/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $3,731/mo, and a $3,010/mo payment keeps the spread at $127/mo. Purchase price stands at $614,900, and rental yield measures 7.28% with $3,731/mo rent. Return on cash invested shows 20.81% in year one, and 5% annual appreciation builds toward $169,886 over five years. Five-year ROI reaches 107.22% and total cumulative return in cash records $216,910. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,731/mo property income covering a $3,010/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.35 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Reed Smith • KW WESTFIELD
Mls Name: UtahRealEstate.com
Mls ID: #2115949