3599 Ridgeline DrPark CityUT84098
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3599 Ridgeline Dr, Park City, UT, 84098 generates $6,278/mo in rent and, after a $2,687/mo payment, leaves $1,960/mo in cash flow. Total monthly income is $6,278/mo, and annual cash flow is $23,515/yr on $180,621 invested. Return on cash invested sits at 33.08% in year one, and rental yield is 13.72% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 175.66% and total cumulative return in cash sums $317,276. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,278/mo property income rather than buyer’s personal income.
Townhouse
Built in 2021
3,049 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Hludzinski • EXP Realty, LLC (Park City)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2019165
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-15 16:08:21 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)