Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$1,250,000

For Sale - Active
5685 N State Road 32, Peoa, UT 84061
4 Beds
2 Baths
3,296 Square Feet
0.94 Acres Lot
Built in 1935
For Sale - Active
Units n/a
Checked: 4 hours ago
Updated: Sep 23, 2025 at 10:11AM

Investment Summary


Monthly Cash Flow
-$3,693
Cap Rate
2.1%
Cash-on-Cash Return
-15.4%
Debt Coverage Ratio
0.38
Internal Rate of Return (5 years)
-10.9%

Property Description


0.94 Acres Lot
Built in 1935
For Sale - Active
Units n/a

Welcome to peaceful country living in beautiful Peoa, Utah. This beloved 4-bedroom, 2-bath home sits on .94 acres and offers 3,438 sq ft of comfortable living space, with timeless charm and thoughtful updates throughout. The spacious kitchen features Alder cabinets, Corian countertops, and double ovens-perfect for family meals and gatherings. Step out onto the covered back porch to enjoy sweeping views of open meadows and the surrounding hills. The basement has a separate entrance, offering the potential for a future apartment or guest suite. Outdoors, the property is ideal for outdoor lovers, hobbyists, and gearheads alike. An attached 2-car garage with epoxy floors, a 1-car carport, a detached 4-car garage/workshop with kitchenette, half bath, and air compressor plumbing-plus an additional storage garage-provide plenty of room to store all your toys: side-by-sides, 4-wheelers, bikes, boats, and more. There's also RV parking with a dump station and hookups. The yard features mature trees, a swing set, gravel and asphalt surfaces, and is fenced around the home with partial fencing on the remaining acreage. Located just minutes from Rockport Reservoir for boating and fishing and only 25 minutes to Park City for world-class skiing, dining, and shopping. Peoa is known for its small-town rodeo, summer concerts, and laid-back rural lifestyle-yet you're only 40 minutes from Salt Lake International Airport. A rare find-owned and cared for by one family, this home offers a unique blend of peaceful living, adventure, and practicality.

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Avatar
Avatar
Avatar

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent
Avatar
Avatar
Avatar

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender
Avatar
Avatar
Avatar

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager
Avatar
Avatar
Avatar

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Attached Garage
  • Details: Covered, Secured, RV Access/Parking, Attached
  • Garage Spaces: 2
  • Spaces Total: 10

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Total): 2.0

Interior Features

  • # of Rooms: 13
  • # of Stories: 2
  • Basement: Yes
  • Basement Description: Full, Walk-Out Access
  • Fireplace: Yes

Exterior Features

  • Roof Material: Metal

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: CD62C1
  • Lot Size: 40946 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Stories: 2
  • Year Built: 1935

Tax Information

  • Annual Tax: $2,312

Utilities

  • Water & Sewer: Private
  • Heating: Fireplace Insert, Central, Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Summit

Listing Details


Listed by:
Amy Moody
Christies International Real Estate Park City
(435) 649-0891

Source:
UtahRealEstate (Wasatch Front)
MLS#: 2086225
UtahRealEstate (Wasatch Front)

Investment Summary


Monthly Cash Flow
-$3,693
Cap Rate
2.1%
Cash-on-Cash Return
-15.4%
Debt Coverage Ratio
0.38
Internal Rate of Return (5 years)
-10.9%

Purchase Details

Find an Agent

Purchase price:
$1,250,000
Amount financed:
-$1,000,000
Down payment:
$250,000
Closing costs:
$37,500
Rehab costs:
$0
Initial cash invested:
$287,500
Square feet:
3,296
Cost per square foot:
$379
Monthly rent per square foot:
$1.06

Financing Details

Find a Lender

Loan amount:
$1,000,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$5,915
Property tax:
$193
Insurance:
$245
Private mortgage insurance (PMI):
$0
Monthly payment:
$6,353

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$3,500 $42,000
Vacancy loss: (6%)
6% -$210 -$2,520
Operating income:
$3,290 $39,480

Operating Expenses


% Rent Monthly Yearly
Property taxes: (6%)
6%-$193-$2,312
Insurance: (7%)
7%-$245-$2,940
Property management: (8%)
8%-$280-$3,360
Repairs & maintenance: (5%)
5%-$175-$2,100
Capital expenditures: (5%)
5%-$175-$2,100
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (31%)
31%-$1,068-$12,812

Cash Flow


Monthly Yearly
Net operating income:
$2,222 $26,664
Mortgage payments:
-$5,915 -$70,980
Cash flow:
-$3,693 -$44,316