1724 E Albion Dr #1041SalemUT84653
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Nearby investment properties with comparable prices
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 1724 E Albion Dr #1041, Salem, UT, 84653 offers a 7.61% rental yield on a $357,400 purchase with $2,266/mo rent. Total monthly income registers $2,266/mo, and a $1,749/mo payment leaves $172/mo available for distribution. Annual cash flow reaches $2,058/yr on $118,478 to close, and return on cash invested stands at 21.65% in year one. Equity gained on principal adds $2,306/yr while 5% annual appreciation supports $98,743 over five years. Portfolio math shows five-year ROI at 111.72% and total cumulative return in cash at $132,369. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,266/mo property income against a $1,749/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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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