311 W Center StSpringvilleUT84663
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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 Springville at 311 W Center St, Springville, UT, 84663 at $370,000 posts ROI 15.85% with from $1,754/mo rent. Total monthly income equals $1,754/mo. Return on cash invested measures 15.85% and rental yield reads 5.69% at the current $370,000. Equity gained on principal adds $2,388/yr, and 5% annual appreciation supports $102,224 by year five. Five-year ROI prints 80.68% and total cumulative return in cash totals $98,957. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,754/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
3,484 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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Listed by: Lauren Vancott • Equity Real Estate (Results)
Mls Name: UtahRealEstate.com
Mls ID: #2094705