346 E 400 NSpring CityUT84647
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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 Spring City at 346 E 400 N, Spring City, UT, 84647 uses $116,025 cash to close to unlock $824/yr annual cash flow and $69/mo monthly cash flow. Total monthly income runs $2,120/mo, and a $1,713/mo payment keeps the spread at $69/mo. Purchase price stands at $350,000, and rental yield measures 7.27% with $2,120/mo rent. Return on cash invested shows 20.62% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 106.22% and total cumulative return in cash records $123,242. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,120/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84647, Mount Pleasant, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,132 (100%) |
| Owner Occupied HU | 1,378 (64.6%) |
| Renter Occupied HU | 377 (17.7%) |
| Vacant Housing Units | 377 (17.7%) |
| Median Home Value | $382,308 |
| Average Home Value | $454,597 |
Housing Distribution
Address Breakdown
Residential
1,476
Single Family
1,454
Multi-Family
22
Businesses
161
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Listed by: Haley A Berry • Realty ONE Group Signature (South Valley)
Mls Name: UtahRealEstate.com
Mls ID: #2099712