1208 W 1380 NOremUT84057
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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 1208 W 1380 N, Orem, UT, 84057 earns from $1,783/mo rent with a $1,561/mo payment. Total monthly income totals $1,783/mo. ROI tracks 16.09% on current figures, and rental yield reads 6.71% at a $319,000 purchase. Equity gained on principal adds $2,058/yr, and 5% annual appreciation supports $88,134 over five years. Five-year ROI reaches 82.98% and total cumulative return in cash sums $87,745. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,783/mo property income instead of your personal income.
Townhouse
Built in 2001
1,306 sqft lot
$N/A/sqft
$250 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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