1260 S 1220 WOremUT84058
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
Rental property for sale in Orem at 1260 S 1220 W, Orem, UT, 84058 generates $1,674/mo in rent, after a $1,414/mo payment. Total monthly income is $1,674/mo. Return on cash invested sits at 19.67% in year one, and rental yield is 6.96% on a $288,800 entry. Equity gained on principal adds $1,864/yr, while 5% annual appreciation builds toward $79,790 over five years. Five-year ROI reaches 101.13% and total cumulative return in cash sums $96,816. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,674/mo property income rather than buyer’s personal income.
Condo
Built in 1997
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices