460 W 15 S #G301ProvidenceUT84332
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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 Providence at 460 W 15 S #G301, Providence, UT, 84332 uses $88,676 cash to close to unlock $1,697/yr annual cash flow and $141/mo monthly cash flow. Total monthly income runs $1,709/mo, and a $1,309/mo payment keeps the spread at $141/mo. Purchase price stands at $267,500, and rental yield measures 7.67% with $1,709/mo rent. Return on cash invested shows 21.82% in year one, and 5% annual appreciation builds toward $73,905 over five years. Five-year ROI reaches 112.71% and total cumulative return in cash records $99,944. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,709/mo property income covering a $1,309/mo payment rather than investor’s personal income.
Condo
Built in 2020
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84332, Providence, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,077 (100%) |
| Owner Occupied HU | 2,547 (82.8%) |
| Renter Occupied HU | 454 (14.8%) |
| Vacant Housing Units | 76 ( 2.5%) |
| Median Home Value | $512,378 |
| Average Home Value | $560,606 |
Housing Distribution
Address Breakdown
Residential
3,021
Single Family
2,811
Multi-Family
210
Businesses
288
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Listed by: Celeste Huss • North Realty, LLC
Mls Name: UtahRealEstate.com
Mls ID: #2128566