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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 Lehi at 2121 W 1340 N, Lehi, UT, 84043 listed at $1,885,000 pairs $2,843/mo rent with a $9,226/mo payment. Total monthly income runs $2,843/mo. Return on cash invested measures 4.25% in year one, and rental yield registers 1.81% at a $1,885,000 basis. Equity gained on principal adds $12,164/yr, and annual property appreciation at 5% supports $520,791 by year five. Five-year ROI tracks 18.32% and total cumulative return in cash totals $111,874. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,843/mo property income relative to a $9,226/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2024
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 84043, Lehi, UT area.
| 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 |
Residential
26,063
Single Family
23,687
Multi-Family
2,376
Businesses
2,078
Date | Event | Price |
|---|---|---|
| 2024-10-09 | Listed for sale | $1,885,000 |
| 2024-03-07 | Sold | N/A |
| 2024-01-08 | Pending sale | $425,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2022-10-15 | $2719.53 | 33.03% | $335,000 | 59.98% |
| 2021-10-15 | $2044.37 | 6.75% | $209,400 | 7.99% |
| 2020-10-15 | $1915.15 | 3.96% | $193,900 | N/A |
Listed by: Tyler Demars • KW South Valley Keller Williams
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2028238
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-15 05:31:55 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)
