580 E 400 NSpring CityUT84662
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
Total monthly income runs $2,401/mo, and a $2,247/mo payment. Purchase price stands at $459,000, and rental yield measures 6.28% with $2,401/mo rent. Return on cash invested shows 17.62% in year one, and 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 90.17% and total cumulative return in cash records $137,207. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,401/mo property income covering a $2,247/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
1.06 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert C Childs • Central Utah Professional Realty
Mls Name: UtahRealEstate.com
Mls ID: #2086144