297 N 1250 E, Salem, UT, 84653 | Equity Gain $40,653/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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297 N 1250 E, Salem, UT, 84653 | Equity Gain $40,653/yr | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Salem at 297 N 1250 E, Salem, UT, 84653 projects strong ROI of -0.01%. Rental yield 0.43%. With 5% annual appreciation, the property builds $1,740,574 in value over five years. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.

Multi Family

Built in N/A

1,306 sqft lot

$N/A/sqft

No HOA

More details about the property

56 Finished, Permit-Ready Townhome Pads in Moonlight Village, a thoughtfully designed master-planned community in Salem. This offering includes 56 finished, permit-ready townhome pads-with basements allowed-for immediate build-out. Floorplans can be provided upon request, streamlining your path to construction. Seller will install all planned amenities, including a clubhouse, pool, community park, dog park, pickleball courts, and miles of trails, ensuring strong long-term appeal for residents. Protected wetlands throughout the community add natural beauty and a sense of tranquility, while creating a family-friendly atmosphere. Located just minutes from shopping, dining, and schools, this project is ideally positioned for both convenience and lifestyle. With all infrastructure in place and approvals secured, these pads are truly ready to go.

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