150 S 500 E, Salem, UT, 84653 | 3.44% Rental Yield

Off market

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 Salem at 150 S 500 E, Salem, UT, 84653 earns from $1,604/mo rent with a $2,739/mo payment. Total monthly income totals $1,604/mo. ROI tracks 9.14% on current figures, and rental yield reads 3.44% at a $559,600 purchase. Equity gained on principal adds $3,611/yr, and 5% annual appreciation supports $154,607 over five years. Five-year ROI reaches 44.63% and total cumulative return in cash sums $82,164. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,604/mo property income instead of your personal income.

Single Family

Built in 1962

0.62 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