473 40, Providence, UT 84332
3BD/—BA Residential in Providence, UT 84332. 1,313 sqft. Built 2022. Listed at $298,900. MLS #2151513.
3BD/—BA Residential in Providence, UT 84332. 1,313 sqft. Built 2022. Listed at $298,900. MLS #2151513.
Welcome to this turnkey condo in Providence. Perfectly positioned just minutes from Utah State University. Whether you're an investor searching for a profitable and fully operational rental or a first-time buyer looking for a move-in-ready home, this property checks all the boxes. Enjoy close proximity to campus, shopping, dining, and scenic outdoor recreation, making it an attractive option for both tenants and homeowners alike. With strong rental potential, low-maintenance living and fabulous amenities, this is an opportunity you won't want to miss.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
PROVIDENCE GATEWAY
County
Cache
Zoning
Multi-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
0.01 sq ft
Above Grade Area
1,313 sq ft
Condition
Blt./Standing
MLS #
2151513
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
PROVIDENCE GATEWAY
County
Cache
Zoning
Multi-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
0.01 sq ft
Above Grade Area
1,313 sq ft
Condition
Blt./Standing
MLS #
2151513
List Price
$298,900
Original Price
$309,000
HOA Fees
$270 / Monthly
Annual Taxes
$1,355
Home Warranty
No
List Price
$298,900
Original Price
$309,000
HOA Fees
$270 / Monthly
Annual Taxes
$1,355
Home Warranty
No
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Stone,Stucco,Cement Siding
Appliances
Portable Dishwasher,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary,Irrigation
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Stone,Stucco,Cement Siding
Appliances
Portable Dishwasher,Dryer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary,Irrigation
Sewer
Sewer: Connected
Garage Spaces
1
Covered Spaces
1
Total Parking
3
Garage Spaces
1
Covered Spaces
1
Total Parking
3
Classification
Standard
Deal Score
45/100
vs Similar Homes
6% above
vs Market Median
6% above
Price Reduced
3.3%
Area Growth (YoY)
2.4%
Deal Score Breakdown
45/100
3% price reduction from original list — seller may be motivated
Priced 6% above the per-subtype city median
2.4% year-over-year ZHVI growth in this area
LT net cashflow -$377/mo (-16.6% return on ownership cost) · STR net cashflow -$1,271/mo (-56.0% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 6% above the median of similar listings
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$2,152/mo
Range: $2,061 – $2,243
Net Monthly Cash Flow
−$377 /mo (−$4,523/yr)
Monthly rental income
Monthly ownership cost
Coverage
95%
Net /mo
−$377
DSCR
1.27
Est. Annual Revenue
$17,137/yr
$147/night · 54% occupancy · $52/bedroom · $0.11/sqft
Net Monthly Cash Flow
−$1,272 /mo (−$15,262/yr)
Monthly STR income
Monthly ownership cost
Coverage
63%
Net /mo
−$1,271
DSCR
0.67
School District
Cache
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
16
Available Providers
$539,900
-45% vs median
58 days
48
$224,900 – $2,400,000
$1,355
$270/monthly
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