1847 N 340th St WLehiUT84043
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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 Lehi at 1847 N 340th St W, Lehi, UT, 84043 listed at $467,300 pairs $2,576/mo rent with a $2,287/mo payment. Total monthly income runs $2,576/mo. Return on cash invested measures 18.65% in year one, and rental yield registers 6.62% at a $467,300 basis. Equity gained on principal adds $3,015/yr, and annual property appreciation at 5% supports $129,106 by year five. Five-year ROI tracks 95.66% and total cumulative return in cash totals $148,189. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,576/mo property income relative to a $2,287/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in 1977
8,015 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84043, Lehi, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,595 (100%) |
| Owner Occupied HU | 20,440 (74.1%) |
| Renter Occupied HU | 6,027 (21.8%) |
| Vacant Housing Units | 1,128 ( 4.1%) |
| Median Home Value | $647,006 |
| Average Home Value | $702,389 |
Housing Distribution
Address Breakdown
Residential
26,063
Single Family
23,687
Multi-Family
2,376
Businesses
2,078
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