1940 S 500 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 1940 S 500 W, Lehi, UT, 84043 uses $180,950 cash to close to unlock $1,408/yr annual cash flow and $117/mo monthly cash flow. Total monthly income runs $3,341/mo, and a $2,692/mo payment keeps the spread at $117/mo. Purchase price stands at $550,000, and rental yield measures 7.29% with $3,341/mo rent. Return on cash invested shows 20.84% in year one, and 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 107.37% and total cumulative return in cash records $194,290. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,341/mo property income covering a $2,692/mo payment rather than investor’s personal income.
Single Family
Built in 2005
8,276 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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