101 E Selman Ridge DrSalemUT84653
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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
Investment Highlights
Investment property for sale in Salem at 101 E Selman Ridge Dr, Salem, UT, 84653 with 5% annual appreciation on a $235,000 basis while $3,049/mo rent supports operations. Total monthly income totals $3,049/mo and a $1,150/mo payment preserves $1,608/mo for cash returns. Annual cash flow comes to $19,296/yr on $77,903 deployed, and return on cash invested reaches 44.68% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 15.57%. Five-year ROI measures 235.58% and total cumulative return in cash totals $183,520.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,049/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Home Type Unknown
Built in N/A
0.42 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,522
Single Family
3,081
Multi-Family
441
Businesses
225
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