585 Aspen DrPark CityUT84098
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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 Park City at 585 Aspen Dr, Park City, UT, 84098 priced at $850,000 converts $4,114/mo rent into after a $4,160/mo obligation. Total monthly income equals $4,114/mo. Return on cash invested prints 16.34% in year one, and rental yield reads 5.81% against a $850,000 entry. Equity gained on principal adds $5,485/yr, while 5% annual appreciation compiles into $234,839 by year five. Five-year ROI reaches 83.22% and total cumulative return in cash sums $232,738. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,114/mo property income covering a $4,160/mo payment, not borrower’s personal income.
Single Family
Built in 1972
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84098, Park City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,342 (100%) |
| Owner Occupied HU | 6,821 (60.1%) |
| Renter Occupied HU | 1,603 (14.1%) |
| Vacant Housing Units | 2,918 (25.7%) |
| Median Home Value | $1,288,462 |
| Average Home Value | $1,368,166 |
Housing Distribution
Address Breakdown
Residential
9,222
Single Family
5,644
Multi-Family
3,578
Businesses
979
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