1473 E 720 N #1054SalemUT84653
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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 1473 E 720 N #1054, Salem, UT, 84653 uses $126,630 cash to close to unlock $321/yr annual cash flow and $27/mo monthly cash flow. Total monthly income runs $2,266/mo, and a $1,870/mo payment keeps the spread at $27/mo. Purchase price stands at $381,990, and rental yield measures 7.12% with $2,266/mo rent. Return on cash invested shows 20.16% in year one, and 5% annual appreciation builds toward $105,537 over five years. Five-year ROI reaches 103.76% and total cumulative return in cash records $131,389. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,266/mo property income covering a $1,870/mo payment rather than investor’s personal income.
Townhouse
Built in 2025
871.20 sqft 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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