1502 E 720 N #1090SalemUT84653
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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 1502 E 720 N #1090, Salem, UT, 84653 listed at $428,300 pairs $2,266/mo rent with a $2,096/mo payment. Total monthly income runs $2,266/mo. Return on cash invested measures 17.85% in year one, and rental yield registers 6.35% at a $428,300 basis. Equity gained on principal adds $2,764/yr, and annual property appreciation at 5% supports $118,331 by year five. Five-year ROI tracks 91.33% and total cumulative return in cash totals $129,669. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,266/mo property income relative to a $2,096/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
N/A 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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