249 E 580 NProvidenceUT84332
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
Investment Highlights
Investment property for sale in Providence at 249 E 580 N, Providence, UT, 84332 earns from $2,827/mo rent with a $2,790/mo payment. Total monthly income totals $2,827/mo. ROI tracks 16.53% on current figures, and rental yield reads 5.95% at a $569,990 purchase. Equity gained on principal adds $3,678/yr, and 5% annual appreciation supports $157,478 over five years. Five-year ROI reaches 84.38% and total cumulative return in cash sums $158,242. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,827/mo property income instead of your personal income.
Single Family
Built in 2024
8,276 sqft lot
$N/A/sqft
$37 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84332, Providence, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,077 (100%) |
| Owner Occupied HU | 2,547 (82.8%) |
| Renter Occupied HU | 454 (14.8%) |
| Vacant Housing Units | 76 ( 2.5%) |
| Median Home Value | $512,378 |
| Average Home Value | $560,606 |
Housing Distribution
Address Breakdown
Residential
3,021
Single Family
2,811
Multi-Family
210
Businesses
288
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Nearby investment properties with comparable prices
Listed by: Dustin Poulsen • Visionary Real Estate
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #1975349
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-16 11:41:55 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)