208 E 660 NSalemUT84653
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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 208 E 660 N, Salem, UT, 84653 earns from $1,703/mo rent with a $1,487/mo payment. Total monthly income totals $1,703/mo. ROI tracks 18.69% on current figures, and rental yield reads 6.73% at a $303,800 purchase. Equity gained on principal adds $1,960/yr, and 5% annual appreciation supports $83,934 over five years. Five-year ROI reaches 95.98% and total cumulative return in cash sums $96,665. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,703/mo property income instead of your personal income.
Townhouse
Built in 2017
1,132 sqft lot
$N/A/sqft
$25 monthly 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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