1421 N 3860 W #111, Lehi, UT, 84043 | 6.47% Rental Yield

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1421 N 3860 W #111, Lehi, UT, 84043 | 6.47% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Lehi at 1421 N 3860 W #111, Lehi, UT, 84043 listed at $455,000 pairs $2,455/mo rent with a $2,227/mo payment. Total monthly income runs $2,455/mo. Return on cash invested measures 18.22% in year one, and rental yield registers 6.47% at a $455,000 basis. Equity gained on principal adds $2,936/yr, and annual property appreciation at 5% supports $125,708 by year five. Five-year ROI tracks 93.4% and total cumulative return in cash totals $140,872. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,455/mo property income relative to a $2,227/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 2022

1,306 sqft lot

$N/A/sqft

No HOA

More details about the property

Discover this beautifully maintained townhome nestled in the highly desirable Gardner Point community-just minutes from Silicon Slopes, the new Primary Children's Hospital, and an abundance of shopping, dining, and entertainment. This spacious 3-bedroom, 2.5-bath middle-unit townhome features high ceilings, an open-concept floor plan, and timeless finishes throughout. The kitchen boasts granite countertops, stainless steel appliances, and ample cabinetry-perfect for both everyday living and entertaining. Upstairs, the vaulted spacious primary suite offers a luxurious retreat complete with a walk-in closet and spa-like ensuite featuring dual vanities. The fully finished basement adds generous living space, ideal for a second family room, home office, or media area (note: basement bathroom needs a final touch). Community amenities include a clubhouse, pool, playgrounds, pickleball and basketball courts, all within a pet-friendly environment. For buyers seeking the convenience of newer construction without the wait, this turn-key property is the perfect fit. Don't miss your opportunity to live in one of Lehi's fastest-growing and most vibrant areas.*** Square footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement & verify all info.

Neighborhood Data

Neighborhood data shown for ZIP Code: 84043, Lehi, UT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	27,595 (100%)
Owner Occupied HU	20,440 (74.1%)
Renter Occupied HU	6,027 (21.8%)
Vacant Housing Units	1,128 ( 4.1%)
Median Home Value	$647,006
Average Home Value	$702,389