1070 S Orem Blvd APT 3OremUT84058
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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 Orem at 1070 S Orem Blvd APT 3, Orem, UT, 84058 offers a 6.33% rental yield on a $289,900 purchase with $1,530/mo rent. 8% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,094 over five years. Portfolio math shows five-year ROI at 91.09% and total cumulative return in cash at $87,537. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,530/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1993
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84058, Orem, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,074 (100%) |
| Owner Occupied HU | 5,252 (43.5%) |
| Renter Occupied HU | 6,095 (50.5%) |
| Vacant Housing Units | 727 ( 6.0%) |
| Median Home Value | $572,925 |
| Average Home Value | $591,803 |
Housing Distribution
Address Breakdown
Residential
11,281
Single Family
9,995
Multi-Family
1,286
Businesses
890
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