1001 E 250 S #20, Salem, UT, 84653 | 6.71% Rental Yield

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1001 E 250 S #20, Salem, UT, 84653 | 6.71% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Salem at 1001 E 250 S #20, Salem, UT, 84653 offers a 6.71% rental yield on a $858,990 purchase with $4,800/mo rent. 07% in year one. Equity gained on principal adds $5,543/yr while 5% annual appreciation supports $237,323 over five years. Portfolio math shows five-year ROI at 97.85% and total cumulative return in cash at $276,528. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,800/mo property income against a $4,204/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

0.42 Acres lot

$N/A/sqft

No HOA

More details about the property

Beautiful new build home on a rare 0.42 acre lot! This beautifully upgraded home offers space, style, and convenience-starting with a 3-car tandem garage, perfect for your vehicles and toys. Located on a quiet cul-de-sac, the large .41 acre lot provides a spacious feel rarely found in today's market. Step inside to soaring vaulted ceilings and a cozy gas fireplace in the family room. The culinary kitchen features built-in double ovens, a gas cooktop with a vented hood, and upgraded cabinetry-ideal for any home chef. Quartz countertops run throughout the home, complemented by tile flooring in key areas and open stair railings that enhance the open layout. Thoughtful extras include a boot bench, front yard landscaping, and rare under-porch storage for additional space. This home checks all the boxes with upgrades throughout and attention to every detail. Come see this beautiful home and large lot!

Neighborhood Data

Neighborhood data shown for ZIP Code: 84653, Salem, UT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,841 (100%)
Owner Occupied HU	3,279 (85.4%)
Renter Occupied HU	475 (12.4%)
Vacant Housing Units	87 ( 2.3%)
Median Home Value	$683,715
Average Home Value	$763,816