2465 W 450th St S #4SpringvilleUT84663
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderAt $280,000, 2465 W 450th St S #4, Springville, UT, 84663 in Springville generates $1,672/mo in rent (7.16% yield) but nets only $30/mo after debt service. The spread is thin, manageable for investors comfortable with low-margin holds who are buying into the 5% annual appreciation thesis. Ziffy Mortgage's DSCR loan (1.33) allows non-U.S. residents to acquire without personal income checks. A larger down payment reduces the monthly debt load and widens the margin. Five-year appreciation: $77,359. Total projected return: $107,809.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.2% |
| Monthly Cash Flow | $30 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,672 |
| Total Monthly Debt Service | $1,530 |
| DSCR Ratio | 1.09x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1998
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84663, Springville, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,546 (100%) |
| Owner Occupied HU | 8,144 (70.5%) |
| Renter Occupied HU | 3,075 (26.6%) |
| Vacant Housing Units | 327 ( 2.8%) |
| Median Home Value | $552,908 |
| Average Home Value | $604,436 |
Housing Distribution
Address Breakdown
Residential
11,318
Single Family
10,873
Multi-Family
445
Businesses
1,052
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
Condo
Built in 1998
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84663, Springville, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,546 (100%) |
| Owner Occupied HU | 8,144 (70.5%) |
| Renter Occupied HU | 3,075 (26.6%) |
| Vacant Housing Units | 327 ( 2.8%) |
| Median Home Value | $552,908 |
| Average Home Value | $604,436 |
Housing Distribution
Address Breakdown
Residential
11,318
Single Family
10,873
Multi-Family
445
Businesses
1,052
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Braegger • RE/MAX Select
Mls Name: UtahRealEstate.com
Mls ID: #2112551