1140 W 950 N #E202OremUT84057
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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 950 N #E202, Orem, UT, 84057 listed at $293,100 pairs $1,570/mo rent with a $1,435/mo payment. Total monthly income runs $1,570/mo. Return on cash invested measures 18.08% in year one, and rental yield registers 6.43% at a $293,100 basis. Equity gained on principal adds $1,891/yr, and annual property appreciation at 5% supports $80,978 by year five. Five-year ROI tracks 92.61% and total cumulative return in cash totals $89,982. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,570/mo property income relative to a $1,435/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2023
914 sqft lot
$N/A/sqft
No 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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