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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 2344 W Cranberry Ridge Rd, Lehi, UT, 84043 at $740,000 posts ROI 16.08% with from $3,574/mo rent. Total monthly income equals $3,574/mo. Return on cash invested measures 16.08% and rental yield reads 5.8% at the current $740,000. Equity gained on principal adds $4,775/yr, and 5% annual appreciation supports $204,448 by year five. Five-year ROI prints 81.9% and total cumulative return in cash totals $199,402. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,574/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2016
0.28 Acres lot
$N/A/sqft
$45 monthly 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 |
|---|---|---|
| 2025-02-01 | Listed for sale | $740,000 |
| 2025-01-11 | Pending sale | $740,000 |
| 2025-01-08 | Price change | $740,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-19 | $2629.13 | -8.55% | $607,400 | -5.67% |
| 2022-02-19 | $2874.95 | 12.76% | $643,900 | 146.57% |
| 2021-02-19 | $2549.51 | 6.11% | $261,140 | -40.96% |
Listed by: Alexander Sisk • Equity Real Estate (Results)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2057288
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-02-18 20:47:34 PST. 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)
