246 E 860 S #62Spanish 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 246 E 860 S #62, Spanish Fork, UT, 84660 earns from $2,274/mo rent with a $1,946/mo payment. Total monthly income totals $2,274/mo. ROI tracks 19.4% on current figures, and rental yield reads 6.86% at a $397,603 purchase. Equity gained on principal adds $2,566/yr, and 5% annual appreciation supports $109,850 over five years. Five-year ROI reaches 99.66% and total cumulative return in cash sums $131,359. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,274/mo property income instead of your personal income.
Townhouse
Built in 2025
871.20 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: #2105584