2485 W 450th St S UNIT 1SpringvilleUT84663
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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 Springville at 2485 W 450th St S UNIT 1, Springville, UT, 84663 offers a 7.08% rental yield on a $267,400 purchase with $1,578/mo rent. Total monthly income registers $1,578/mo, and a $1,309/mo payment leaves $11/mo available for distribution. Annual cash flow reaches $126/yr on $88,643 to close, and return on cash invested stands at 20.05% in year one. Equity gained on principal adds $1,725/yr while 5% annual appreciation supports $73,878 over five years. Portfolio math shows five-year ROI at 103.2% and total cumulative return in cash at $91,477. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,578/mo property income against a $1,309/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in N/A
N/A 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
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A