2371 E 370 N #8Spanish 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 2371 E 370 N #8, Spanish Fork, UT, 84660 offers a 4.23% rental yield on a $614,900 purchase with $2,168/mo rent. 54% in year one. Equity gained on principal adds $3,968/yr while 5% annual appreciation supports $169,886 over five years. Portfolio math shows five-year ROI at 57.5% and total cumulative return in cash at $116,326. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,168/mo property income against a $3,010/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.25 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
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Listed by: Reed Smith • KW WESTFIELD
Mls Name: UtahRealEstate.com
Mls ID: #2084030