1494 S 590 WOremUT84058
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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 1494 S 590 W, Orem, UT, 84058 offers a 7.05% rental yield on a $504,700 purchase with $2,965/mo rent. Total monthly income registers $2,965/mo, and a $2,470/mo payment leaves $7/mo available for distribution. Annual cash flow reaches $86/yr on $166,046 to close, and return on cash invested stands at 20.11% in year one. Equity gained on principal adds $3,257/yr while 5% annual appreciation supports $139,439 over five years. Portfolio math shows five-year ROI at 103.48% and total cumulative return in cash at $171,823. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,965/mo property income against a $2,470/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in N/A
N/A 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
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