572 100, Springville, UT 84663
2BD/—BA Residential in Springville, UT 84663. 915 sqft. Built 2022. Listed at $255,000. MLS #2169100.
2BD/—BA Residential in Springville, UT 84663. 915 sqft. Built 2022. Listed at $255,000. MLS #2169100.
Seller Paid Rate Buy Down offered! Included in asking price. Own for $1,740/month*. This end-cap condo on the second floor picks up windows on multiple walls, filling the space with natural light. Built in 2022, the 915 sq ft layout offers two bedrooms and a clean floor plan. Hard to beat the location. Steps from downtown Springville, with the Art City Museum, Cherry Creek Elementary, restaurants, grocery stores, and freeway access all within minutes. Easy access to Spanish Fork shopping as well. Includes one covered assigned carport space and one uncovered unassigned parking space. *Estimated monthly payment based on FHA 5/1 ARM at 4.375% with 3.5% down and a seller-paid buydown of $9,700. Includes principal, interest, MIP, taxes, insurance, and HOA. Actual payment will vary. Ask the listing agent to connect you with lender. Square footage figures are provided as courtesy estimates only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
RIDGE
County
Utah
Zoning
Single-Family
Construction
Asphalt
Lot Size
0.02 sq ft
Above Grade Area
915 sq ft
Condition
Blt./Standing
MLS #
2169100
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
RIDGE
County
Utah
Zoning
Single-Family
Construction
Asphalt
Lot Size
0.02 sq ft
Above Grade Area
915 sq ft
Condition
Blt./Standing
MLS #
2169100
List Price
$255,000
HOA Fees
$199 / Monthly
Annual Taxes
$1,350
Home Warranty
No
List Price
$255,000
HOA Fees
$199 / Monthly
Annual Taxes
$1,350
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Asphalt
Appliances
Microwave
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Asphalt
Appliances
Microwave
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Covered Spaces
1
Total Parking
2
Covered Spaces
1
Total Parking
2
Classification
Standard
Deal Score
50/100
vs Similar Homes
2% below
vs Market Median
4% below
Area Growth (YoY)
4.6%
Deal Score Breakdown
50/100
Priced 2% below the median of similar listings
Priced 4% below the per-subtype city median
4.6% year-over-year ZHVI growth in this area
LT net cashflow -$788/mo (-40.8% return on ownership cost) · STR net cashflow -$1,102/mo (-57.1% 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
$1,299/mo
Range: $814 – $1,784
Net Monthly Cash Flow
−$789 /mo (−$9,462/yr)
Monthly rental income
Monthly ownership cost
Coverage
67%
Net /mo
−$788
DSCR
0.89
Est. Annual Revenue
$14,220/yr
$283/night · 41% occupancy · $114/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$1,103 /mo (−$13,230/yr)
Monthly STR income
Monthly ownership cost
Coverage
61%
Net /mo
−$1,102
DSCR
0.65
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$432,000
-41% vs median
42 days
108
$199,500 – $38,000,000
$1,350
$199/monthly
Low Crime
7.7
per 1,000
16.1
per 1,000
7.5
per 1,000
31.3
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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