740 1000, Provo, UT 84606
4BD/—BA Residential in Provo, UT 84606. 1,261 sqft. Built 1943. Listed at $499,000. MLS #2168407.
4BD/—BA Residential in Provo, UT 84606. 1,261 sqft. Built 1943. Listed at $499,000. MLS #2168407.
Charming and move-in-ready 4-bedroom, 1-bath home located just blocks from BYU! This beautifully updated property offers the perfect blend of character, convenience, and modern upgrades. Inside, you'll find a functional floor plan and comfortable living spaces ideal for owner-occupants, students, or investors alike. Recent improvements provide peace of mind and long-term value, including a brand-new HVAC system, a newly replaced main water line, a new concrete driveway, an EV charger, new sprinkler system, and a newly constructed storage shed. These upgrades mean many of the home's major systems have already been improved, making this a truly move-in-ready opportunity. Enjoy the fully landscaped yard, mountain views, covered patio, and unbeatable location just minutes from BYU, parks, schools, shopping, and dining. Whether you're looking for a primary residence, a student rental, or an investment property, this home offers a rare combination of location, updates, and value. Don't miss this opportunity to own an improved home in one of Provo's most desirable neighborhoods!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
Subdivision
UNIVERSITY GARDEN
County
Utah
Construction
Aluminum
Lot Size
0.14 sq ft
Above Grade Area
1,261 sq ft
Condition
Blt./Standing
MLS #
2168407
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
Subdivision
UNIVERSITY GARDEN
County
Utah
Construction
Aluminum
Lot Size
0.14 sq ft
Above Grade Area
1,261 sq ft
Condition
Blt./Standing
MLS #
2168407
List Price
$499,000
Annual Taxes
$1,962
Home Warranty
No
List Price
$499,000
Annual Taxes
$1,962
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Aluminum
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
None
Materials
Aluminum
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
0
Total Parking
3
Covered Spaces
0
Total Parking
3
Classification
Standard
Deal Score
30/100
vs Similar Homes
3% above
vs Market Median
20% above
Area Growth (YoY)
2.1%
Deal Score Breakdown
30/100
Priced 3% above the median of similar listings
2.1% year-over-year ZHVI growth in this area
Priced 20% above the per-subtype city median
LT net cashflow -$2,646/mo (-79.4% return on ownership cost) · STR net cashflow -$2,007/mo (-60.2% 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.
Monthly Rent
$782/mo
Range: $290 – $1,274
Net Monthly Cash Flow
−$2,646 /mo (−$31,748/yr)
Monthly rental income
Monthly ownership cost
Coverage
24%
Net /mo
−$2,646
DSCR
0.27
Est. Annual Revenue
$22,746/yr
$283/night · 41% occupancy · $114/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$2,007 /mo (−$24,086/yr)
Monthly STR income
Monthly ownership cost
Coverage
57%
Net /mo
−$2,007
DSCR
0.53
$465,000
+7% vs median
44 days
234
$190,999 – $38,000,000
$1,962
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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