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Market MapProvo, UT
Metropolitan Area

Provo, UT

Utah02 counties
46
/100
Hold
#776 of 894 metros
Top 87% nationally for investing

Market Snapshot

$533,264
Median Home Price
118% above national median
$1,798/mo
Median Rent
30% above national median
4.04%
Rent-to-Price Ratio
Top 94% nationally
-$1,627
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$533,264
Down Payment (20%)$106,653
Loan Amount$426,611
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,798
Monthly P&I-$2,795
Est. Expenses (35%)-$629
Net Cash Flow-$1,627/mo
2.6%
Cap Rate (all cash)
-15.9%
Cash-on-Cash Return
4.04%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 2.6% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
46/100
46
Cash Flow(30%)
31/100

Based on 4.04% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
77/100

Based on 3.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
24/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)
  • +Multiple counties (2) for portfolio diversification

Challenges

  • -Below-average rent-to-price ratio (4.04%)
  • -Negative cash flow at typical financing (-$1,627/mo)
  • -Negative leverage (cap rate 2.6% < mortgage rate 6.9%)
  • -High price-to-income ratio makes financing challenging

Counties in Provo, UT

Best Overall
Juab
UT - Score: 65
Best Cash Flow
Utah
UT - Score: 49
Verdict
JuabUT
11,94365$442,422Est.BuyView
UtahUT
666,02149$534,714$1,7984.03%HoldView

Click any county to see detailed investment analysis

Compare to Similar Metros

Metro AreaVerdict
Kearney, NE
Kearney, NE
66$290,149$1,5116.25%BuyView
Tulsa, OK
Tulsa, OK
66$245,001$1,3976.84%BuyView
Starkville, MS
Starkville, MS
66$244,819$1,2676.21%BuyView
Fort Madison, IA
Fort Madison, IA
66$118,743Est.BuyView
Amarillo, TX
Amarillo, TX
66$210,380$1,2757.28%BuyView
Current
Provo, UT
46$533,264$1,7984.04%Hold

The Bottom Line

HoldProvo, UT is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Provo, UT metro area scores 46/100, ranking #776 of 894 US metros (top 87%). The 4.04% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Among 2 counties, Juab shows the strongest investment potential (score: 65). Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-1,627/mo
Cap Rate
2.6%
Cash-on-Cash
-18.3%

Ready to Invest in Provo, UT?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

Single Family1-4 unit rentalsHouse HackOwner-occupiedMultifamily5+ unit propertiesBest CountyJuab
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