482 S 2500 W UNIT 7SpringvilleUT84663
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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 Springville at 482 S 2500 W UNIT 7, Springville, UT, 84663 uses $119,340 cash to close to unlock $756/yr annual cash flow and $63/mo monthly cash flow. Total monthly income runs $2,173/mo, and a $1,762/mo payment keeps the spread at $63/mo. Purchase price stands at $360,000, and rental yield measures 7.24% with $2,173/mo rent. Return on cash invested shows 20.54% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 105.8% and total cumulative return in cash records $126,261. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,173/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Condo
Built in 2009
1,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84663, Springville, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,546 (100%) |
| Owner Occupied HU | 8,144 (70.5%) |
| Renter Occupied HU | 3,075 (26.6%) |
| Vacant Housing Units | 327 ( 2.8%) |
| Median Home Value | $552,908 |
| Average Home Value | $604,436 |
Housing Distribution
Address Breakdown
Residential
11,318
Single Family
10,873
Multi-Family
445
Businesses
1,052
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