954 Independence AveProvoUT84604
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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 Provo at 954 Independence Ave, Provo, UT, 84604 with 5% annual appreciation on a $315,000 basis while $1,715/mo rent supports operations. 84% in year one. Equity gained on principal adds $2,033/yr, and five-year appreciation sums $87,029 alongside rental yield of 6.53%. Five-year ROI measures 76.51% and total cumulative return in cash totals $79,889. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,715/mo property income versus a $1,542/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 1999
435.60 sqft lot
$N/A/sqft
$310 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84604, Provo, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,565 (100%) |
| Owner Occupied HU | 6,339 (43.5%) |
| Renter Occupied HU | 7,103 (48.8%) |
| Vacant Housing Units | 1,123 ( 7.7%) |
| Median Home Value | $690,851 |
| Average Home Value | $759,657 |
Housing Distribution
Address Breakdown
Residential
13,687
Single Family
12,558
Multi-Family
1,129
Businesses
924
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Nearby investment properties with comparable prices
Listed by: Rick Dalrymple • KW Salt Lake City Keller Williams Real Estate
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2001574
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-16 18:42:43 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)