1140 W 1390 SOremUT84058
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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 1140 W 1390 S, Orem, UT, 84058 uses $99,450 cash to close to unlock $4,740/yr annual cash flow and $395/mo monthly cash flow. Total monthly income runs $2,153/mo, and a $1,468/mo payment keeps the spread at $395/mo. Purchase price stands at $300,000, and rental yield measures 8.61% with $2,153/mo rent. Return on cash invested shows 24.68% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 127.95% and total cumulative return in cash records $127,248. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,153/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Condo
Built in 1999
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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