401 Silver King Dr #2CoalvilleUT84060
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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 Coalville at 401 Silver King Dr #2, Coalville, UT, 84060 offers $3,670/mo rent that, after a $9,765/mo payment. Total monthly income is $3,670/mo. Return on cash invested measures 3.74% in year one, and rental yield stands at 2.21% at a $1,995,000 entry. Equity gained on principal adds $12,873/yr while 5% annual appreciation compounds into $551,182 by year five. Five-year ROI records 16.23% and total cumulative return in cash reaches $104,877. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,670/mo property income versus a $9,765/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1979
4,356 sqft lot
$N/A/sqft
$11,204 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84060, Park City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,187 (100%) |
| Owner Occupied HU | 2,555 (27.8%) |
| Renter Occupied HU | 1,266 (13.8%) |
| Vacant Housing Units | 5,366 (58.4%) |
| Median Home Value | $1,797,414 |
| Average Home Value | $1,646,951 |
Housing Distribution
Address Breakdown
Residential
2,867
Single Family
2,270
Multi-Family
597
Businesses
748
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Listed by: Bruce R Tucker • Berkshire Hathaway HomeServices Elite Real Estate
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2022287
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-15 11:02:32 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)