259 E Rodeo DrSpringvilleUT84663
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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
Rental property for sale in Springville at 259 E Rodeo Dr, Springville, UT, 84663 offers $2,863/mo rent that, after a $2,191/mo payment, leaves $239/mo cash flow. Total monthly income is $2,863/mo, and annual cash flow is $2,872/yr on $148,379 cash. Return on cash invested measures 21.84% in year one, and rental yield stands at 7.68% at a $447,600 entry. Equity gained on principal adds $2,888/yr while 5% annual appreciation compounds into $123,664 by year five. Five-year ROI records 112.8% and total cumulative return in cash reaches $167,372. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,863/mo property income versus a $2,191/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
8,712 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
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