1080 W 965 N UNIT 404OremUT84057
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1080 W 965 N UNIT 404, Orem, UT, 84057 earns from $1,492/mo rent with a $1,346/mo payment. Total monthly income totals $1,492/mo. ROI tracks 16.28% on current figures, and rental yield reads 6.51% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 83.72% and total cumulative return in cash sums $76,319. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,492/mo property income instead of your personal income.
Condo
Built in 2015
871.20 sqft lot
$N/A/sqft
$150 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84057, Orem, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,161 (100%) |
| Owner Occupied HU | 6,849 (56.3%) |
| Renter Occupied HU | 5,008 (41.2%) |
| Vacant Housing Units | 304 ( 2.5%) |
| Median Home Value | $511,661 |
| Average Home Value | $560,886 |
Housing Distribution
Address Breakdown
Residential
12,011
Single Family
11,677
Multi-Family
334
Businesses
1,172
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Nearby investment properties with comparable prices
Listed by: Tanner Sansom • Summit Sotheby's International Realty (Heber)
Mls Name: PCBR
Mls Provider:
Mls ID: #12501023
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