361 N 300 W APT 308ProvoUT84601
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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 Provo at 361 N 300 W APT 308, Provo, UT, 84601 generates $1,513/mo in rent, after a $1,224/mo payment. Total monthly income is $1,513/mo. Return on cash invested sits at 18.71% in year one, and rental yield is 7.26% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 96.71% and total cumulative return in cash sums $80,146. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,513/mo property income rather than buyer’s personal income.
Condo
Built in 1985
435 sqft lot
$N/A/sqft
$130 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84601, Provo, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,674 (100%) |
| Owner Occupied HU | 5,409 (46.3%) |
| Renter Occupied HU | 5,828 (49.9%) |
| Vacant Housing Units | 437 ( 3.7%) |
| Median Home Value | $505,865 |
| Average Home Value | $508,499 |
Housing Distribution
Address Breakdown
Residential
11,794
Single Family
10,303
Multi-Family
1,491
Businesses
981
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