370 N 300 ESpring CityUT84662
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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 370 N 300 E, Spring City, UT, 84662 uses $106,080 cash to close to unlock $608/yr annual cash flow and $51/mo monthly cash flow. Total monthly income runs $1,926/mo, and a $1,566/mo payment keeps the spread at $51/mo. Purchase price stands at $320,000, and rental yield measures 7.22% with $1,926/mo rent. Return on cash invested shows 20.48% in year one, and 5% annual appreciation builds toward $88,410 over five years. Five-year ROI reaches 105.48% and total cumulative return in cash records $111,891. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,926/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1998
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84662, Spring City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 427 (100%) |
| Owner Occupied HU | 327 (76.6%) |
| Renter Occupied HU | 37 ( 8.7%) |
| Vacant Housing Units | 63 (14.8%) |
| Median Home Value | $488,983 |
| Average Home Value | $589,801 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
23
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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