3388 Cedar DrPark 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
Rental property for sale in Park City at 3388 Cedar Dr, Park City, UT, 84098 generates $5,084/mo in rent, after a $6,118/mo payment. Total monthly income is $5,084/mo. Return on cash invested sits at 11.8% in year one, and rental yield is 4.88% on a $1,250,000 entry. Equity gained on principal adds $8,066/yr, while 5% annual appreciation builds toward $345,352 over five years. Five-year ROI reaches 59.49% and total cumulative return in cash sums $240,925. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,084/mo property income rather than buyer’s personal income.
Condo
Built in 2001
3,484 sqft lot
$N/A/sqft
$1,955 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: William Winstead • Christies International RE PC
Mls Name: PCBR
Mls Provider:
Mls ID: #12503047
Disclaimer: This information is provided exclusively for consumers personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed accurate by the MLS. The multiple listing information is provided by Park City Board of REALTORS from a copyrighted compilation of listings. The compilation of listings and each individual listing are 2025 Park City Board of REALTORS, All Rights Reserved. Access to the multiple listing information through this website is made available by Zillow Inc. as a member of the Park City Board of REALTORS multiple listing service.