294 E 875 SProvidenceUT84332
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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 294 E 875 S, Providence, UT, 84332 generates $2,531/mo in rent, after a $4,160/mo payment. Total monthly income is $2,531/mo. Return on cash invested sits at 9.54% in year one, and rental yield is 3.57% on a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation builds toward $234,839 over five years. Five-year ROI reaches 46.8% and total cumulative return in cash sums $130,870. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,531/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
0.48 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: Jette H Youngblood • Engel & Volkers Logan, LLC
Mls Name: UtahRealEstate.com
Mls ID: #2127452