243 S 1400th St WSpanish 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
Rental property for sale in Spanish Fork at 243 S 1400th St W, Spanish Fork, UT, 84660 generates $2,381/mo in rent, after a $2,423/mo payment. Total monthly income is $2,381/mo. Return on cash invested sits at 16.1% in year one, and rental yield is 5.77% on a $495,000 entry. Equity gained on principal adds $3,194/yr, while 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 82.01% and total cumulative return in cash sums $134,566. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,381/mo property income rather than buyer’s personal income.
Single Family
Built in 2011
9,583 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: Darin Bartholomew • Equity Real Estate (Advisors)
Mls Name: UtahRealEstate.com
Mls ID: #2130165