2670 Canyons Resort Dr #424Park CityUT84098
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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 Park City at 2670 Canyons Resort Dr #424, Park City, UT, 84098 uses $130,943 cash to close to unlock $730/yr annual cash flow and $61/mo monthly cash flow. Total monthly income runs $2,938/mo, and a $1,933/mo payment keeps the spread at $61/mo. Purchase price stands at $395,000, and rental yield measures 8.93% with $2,938/mo rent. Return on cash invested shows 20.47% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 107.25% and total cumulative return in cash records $140,442. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,938/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Condo
Built in 2020
N/A lot
$N/A/sqft
$1,687 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84098, Park City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,342 (100%) |
| Owner Occupied HU | 6,821 (60.1%) |
| Renter Occupied HU | 1,603 (14.1%) |
| Vacant Housing Units | 2,918 (25.7%) |
| Median Home Value | $1,288,462 |
| Average Home Value | $1,368,166 |
Housing Distribution
Address Breakdown
Residential
9,222
Single Family
5,644
Multi-Family
3,578
Businesses
979
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Listed by: Drew Via • KW Park City Keller Williams Real Estate
Mls Name: PCBR
Mls Provider:
Mls ID: #12501224
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