2473 Fairway DrSpanish 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 2473 Fairway Dr, Spanish Fork, UT, 84660 earns from $2,726/mo rent with a $3,901/mo payment. Total monthly income totals $2,726/mo. ROI tracks 11.16% on current figures, and rental yield reads 4.1% at a $797,000 purchase. Equity gained on principal adds $5,143/yr, and 5% annual appreciation supports $220,196 over five years. Five-year ROI reaches 55.44% and total cumulative return in cash sums $145,370. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,726/mo property income instead of your personal income.
Multi Family
Built in 2000
5,227 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: LUCY CHICO • Century 21 Harman Realty
Mls Name: UtahRealEstate.com
Mls ID: #2109339