Cedar Ridge Plan, Shoreline Estates, Providence, UT, 84332 | 3.51% Rental Yield

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Cedar Ridge Plan, Shoreline Estates, Providence, UT, 84332 | 3.51% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Providence at Cedar Ridge Plan, Shoreline Estates, Providence, UT, 84332 offers a 3.51% rental yield on a $718,800 purchase with $2,100/mo rent. 34% in year one. Equity gained on principal adds $4,638/yr while 5% annual appreciation supports $198,591 over five years. Portfolio math shows five-year ROI at 45.71% and total cumulative return in cash at $108,098. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,100/mo property income against a $3,518/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to the Cedar Ridge by Red Clover Homes. As you enter this home you walk into a grand hallway that leads you to the family room, dining room, and the kitchen. To the right is a hallway that leads to the primary bed/bath, two more bedrooms, and a full bathroom. The primary suite hosts a bathroom with a double sink vanity, a separate toilet room, and a walk-in closet. In the kitchen is a very large walk-in pantry, an island bar, and lots of counter and cabinet space. Off the kitchen is the mudroom and the laundry room. This is also connected to the three-car garage. This home also comes with a full, unfinished basement. When finished, the basement adds three bedrooms, a full bathroom, extra storage, and a very large rec/living room. Call and start customizing your dream home today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 84332, Providence, UT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,077 (100%)
Owner Occupied HU	2,547 (82.8%)
Renter Occupied HU	454 (14.8%)
Vacant Housing Units	76 ( 2.5%)
Median Home Value	$512,378
Average Home Value	$560,606