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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% |
Investment property for sale in Salem at 208 E Selman Ridge Dr #18, Salem, UT, 84653 earns from $4,547/mo rent with a $3,964/mo payment. Total monthly income totals $4,547/mo. ROI tracks 19.16% on current figures, and rental yield reads 6.74% at a $809,900 purchase. Equity gained on principal adds $5,226/yr, and 5% annual appreciation supports $223,760 over five years. Five-year ROI reaches 98.37% and total cumulative return in cash sums $262,112. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,547/mo property income instead of your personal income.
Single Family
Built in 2024
0.34 Acres 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 |
|---|---|---|
| 2024-08-05 | Listed for sale | $809,900 |
| 2024-08-01 | Listing removed | $809,900 |
| 2024-05-15 | Listed for sale | $809,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Quintin Mortensen • Arive Realty
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2015573
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-16 20:43:35 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)
