220 SPRING CREEK, Providence, UT 84332
18BD/—BA Residential in Providence, UT 84332. 7,884 sqft. Built 2021. Listed at $2,040,000. MLS #2157175.
18BD/—BA Residential in Providence, UT 84332. 7,884 sqft. Built 2021. Listed at $2,040,000. MLS #2157175.
Incredible Investment Property! Only a few years old and 100% occupied. The property consists of 6 individually plotted townhomes. Each unit has a 2 car garage and boasts and open floor plan with a large primary bedroom. Extremely desirable to rent with little to no maintenance. This is one you don't want to miss out on! These properties don't come around often. Buyer to verify all information.
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Side By Side
County
Cache
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.12 sq ft
Condition
Blt./Standing
MLS #
2157175
Property Type
Residential
Property Style
> 4 Units
Architectural Style
Side By Side
County
Cache
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.12 sq ft
Condition
Blt./Standing
MLS #
2157175
List Price
$2,040,000
HOA Fees
$25 / Monthly
Annual Taxes
$7,819
Home Warranty
No
List Price
$2,040,000
HOA Fees
$25 / Monthly
Annual Taxes
$7,819
Home Warranty
No
Heating
Gas: Central
Roof
Asphalt
Flooring
Carpet,Tile
Materials
Brick,Stucco
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Roof
Asphalt
Flooring
Carpet,Tile
Materials
Brick,Stucco
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
12
Covered Spaces
12
Total Parking
12
Garage Spaces
12
Covered Spaces
12
Total Parking
12
Why this is a deal
Classification
Great Deal (vs Market)
Deal Score
82/100
vs Market Median
19% below
Area Growth (YoY)
2.4%
Deal Score Breakdown
82/100 · 1 qualifying signal
Priced 19% below the per-subtype city median
2.4% year-over-year ZHVI growth in this area
STR net cashflow -$10,095/mo (-74.4% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Not enough comparable 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
Est. Annual Revenue
$59,430/yr
$160/night · 43% occupancy · $62/bedroom · $0.14/sqft
Net Monthly Cash Flow
−$10,096 /mo (−$121,148/yr)
Monthly STR income
Monthly ownership cost
Coverage
37%
Net /mo
−$10,095
DSCR
0.34
School District
Cache
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$539,900
+278% vs median
58 days
48
$224,900 – $2,400,000
$7,819
$25/monthly
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