261 N Sarah StProvidenceUT84332
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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 Providence at 261 N Sarah St, Providence, UT, 84332 priced at $1,695,000 converts $2,274/mo rent into after a $8,296/mo obligation. Total monthly income equals $2,274/mo. Return on cash invested prints 3.63% in year one, and rental yield reads 1.61% against a $1,695,000 entry. Equity gained on principal adds $10,938/yr, while 5% annual appreciation compiles into $468,297 by year five. Five-year ROI reaches 15.01% and total cumulative return in cash sums $82,449. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,274/mo property income covering a $8,296/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.39 Acres lot
$N/A/sqft
No 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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Listed by: Ryan Short • Next Key PLLC
Mls Name: UtahRealEstate.com
Mls ID: #2113163