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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Salem at 1593 N Summer Springs Cv, Salem, UT, 84653 generates $2,266/mo in rent, after a $2,002/mo payment. Total monthly income is $2,266/mo. Return on cash invested sits at 18.75% in year one, and rental yield is 6.65% on a $408,990 entry. Equity gained on principal adds $2,639/yr, while 5% annual appreciation builds toward $112,996 over five years. Five-year ROI reaches 96.17% and total cumulative return in cash sums $130,386. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,266/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 84653, Salem, UT area.
| 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 |
Residential
3,522
Single Family
3,081
Multi-Family
441
Businesses
225
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Devin Hathcock • Century Communities Realty of Utah, LLC
Mls Name: UtahRealEstate.com
Mls ID: #2115555
