2207 480, Provo, UT 84601
3BD/—BA Residential in Provo, UT 84601. 1,120 sqft. Built 1996. Listed at $390,000. MLS #2159097.
3BD/—BA Residential in Provo, UT 84601. 1,120 sqft. Built 1996. Listed at $390,000. MLS #2159097.
Investor Special Rare find opportunity in an established Provo neighborhood near the Provo River Trail, Fort Utah Park, and quick access to the I-15. This 3 bed 1 bath home features an extra deep 2 car garage with built-in shelving, workbench space, and tons of storage. The property also includes a private fenced backyard, covered front porch, mature bushes and trees. Located just 3 blocks from the Provo River walking and biking trail that connects all the way to Utah Lake and only about 5 blocks from Fort Utah Park with sports fields, playgrounds, and picnic areas. The home includes central heating and air conditioning, washer and dryer hookups, Google Fiber already installed with optional 1 gig internet service, and a low HOA of only $45 per year. Inside, the home needs a lot of TLC and is being sold as is with the seller making no repairs, but there is strong upside potential for investors, flippers, rental property buyers, or someone looking to build sweat equity in a great location. Buyer is responsible to verify all information. Don't miss the 3D Virtual Tour!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
Subdivision
WESTGATE PARK PUD AMD
County
Utah
Zoning
Single-Family
Construction
Brick,Concrete
Lot Size
0.11 sq ft
Above Grade Area
1,120 sq ft
Condition
Blt./Standing
MLS #
2159097
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
Subdivision
WESTGATE PARK PUD AMD
County
Utah
Zoning
Single-Family
Construction
Brick,Concrete
Lot Size
0.11 sq ft
Above Grade Area
1,120 sq ft
Condition
Blt./Standing
MLS #
2159097
List Price
$390,000
HOA Fees
$45 / Annually
Annual Taxes
$2,012
Home Warranty
No
List Price
$390,000
HOA Fees
$45 / Annually
Annual Taxes
$2,012
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Vinyl
Basement
None
Materials
Brick,Concrete
Appliances
Ceiling Fan,Microwave,Range Hood,Refrigerator
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Vinyl
Basement
None
Materials
Brick,Concrete
Appliances
Ceiling Fan,Microwave,Range Hood,Refrigerator
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
100/100
vs Similar Homes
37% below
vs Market Median
8% below
Area Growth (YoY)
1.5%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 37% below the median of similar listings
Priced 8% below the per-subtype city median
1.5% year-over-year ZHVI growth in this area
LT net cashflow -$1,496/mo (-56.8% return on ownership cost) · STR net cashflow -$1,523/mo (-57.8% 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
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
$1,294/mo
Range: $576 – $2,012
Net Monthly Cash Flow
−$1,496 /mo (−$17,950/yr)
Monthly rental income
Monthly ownership cost
Coverage
49%
Net /mo
−$1,496
DSCR
0.59
Est. Annual Revenue
$19,061/yr
$284/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$1,522 /mo (−$18,269/yr)
Monthly STR income
Monthly ownership cost
Coverage
60%
Net /mo
−$1,523
DSCR
0.57
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$475,000
-18% vs median
62 days
182
$189,900 – $43,000,000
$2,012
$45/annually
Moderate
7.5
per 1,000
22.4
per 1,000
12.2
per 1,000
42.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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