1212 N 360 E #132SalemUT84653
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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 Salem at 1212 N 360 E #132, Salem, UT, 84653 uses $221,713 cash to close to unlock $10,207/yr annual cash flow and $851/mo monthly cash flow. Total monthly income runs $4,800/mo, and a $3,298/mo payment keeps the spread at $851/mo. Purchase price stands at $673,900, and rental yield measures 8.55% with $4,800/mo rent. Return on cash invested shows 24.66% in year one, and 5% annual appreciation builds toward $186,186 over five years. Five-year ROI reaches 127.88% and total cumulative return in cash records $283,517. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,800/mo property income covering a $3,298/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84653, Salem, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,841 (100%) |
| Owner Occupied HU | 3,279 (85.4%) |
| Renter Occupied HU | 475 (12.4%) |
| Vacant Housing Units | 87 ( 2.3%) |
| Median Home Value | $683,715 |
| Average Home Value | $763,816 |
Housing Distribution
Address Breakdown
Residential
3,522
Single Family
3,081
Multi-Family
441
Businesses
225
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