346 Spring Creek PkwyProvidenceUT84332
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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 Providence at 346 Spring Creek Pkwy, Providence, UT, 84332 with 5% annual appreciation on a $265,000 basis while $1,620/mo rent supports operations. Total monthly income totals $1,620/mo and a $1,297/mo payment preserves $67/mo for cash returns. Annual cash flow comes to $802/yr on $87,848 deployed, and return on cash invested reaches 20.82% in year one. Equity gained on principal adds $1,710/yr, and five-year appreciation sums $73,215 alongside rental yield of 7.34%. Five-year ROI measures 107.3% and total cumulative return in cash totals $94,263.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,620/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2002
871.20 sqft 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: Mitch Duffin • Abode & Co. Real Estate LLC
Mls Name: UtahRealEstate.com
Mls ID: #2102882