7815 Royal St E #C359Park CityUT84060
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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 7815 Royal St E #C359, Park City, UT, 84060 generates $6,607/mo in rent and, after a $2,643/mo payment, leaves $1,489/mo in cash flow. Total monthly income is $6,607/mo, and annual cash flow is $17,862/yr on $177,660 invested. Return on cash invested sits at 30.11% in year one, and rental yield is 14.68% on a $540,000 entry. Equity gained on principal adds $3,485/yr, while 5% annual appreciation builds toward $149,192 over five years. Five-year ROI reaches 161.89% and total cumulative return in cash sums $287,618. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,607/mo property income rather than buyer’s personal income.
Condo
Built in 2005
435.60 sqft lot
$N/A/sqft
$5,099 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84060, Park City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,187 (100%) |
| Owner Occupied HU | 2,555 (27.8%) |
| Renter Occupied HU | 1,266 (13.8%) |
| Vacant Housing Units | 5,366 (58.4%) |
| Median Home Value | $1,797,414 |
| Average Home Value | $1,646,951 |
Housing Distribution
Address Breakdown
Residential
2,867
Single Family
2,270
Multi-Family
597
Businesses
748
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Listed by: Adam Opalek • Stein Eriksen Realty Group LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #1980999
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-15 09:02:33 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)