434 S 700 W APT 1ProvoUT84601
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 Provo at 434 S 700 W APT 1, Provo, UT, 84601 generates $1,649/mo in rent and, after a $1,175/mo payment, leaves $242/mo in cash flow. Total monthly income is $1,649/mo, and annual cash flow is $2,904/yr on $79,560 invested. Return on cash invested sits at 23.56% in year one, and rental yield is 8.24% on a $240,000 entry. Equity gained on principal adds $1,549/yr, while 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 121.96% and total cumulative return in cash sums $97,034. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,649/mo property income rather than buyer’s personal income.
Condo
Built in 1973
435.60 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices