3538 W Cornfield DrLehiUT84043
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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 Lehi at 3538 W Cornfield Dr, Lehi, UT, 84043 listed at $429,990 pairs $2,521/mo rent with a $2,105/mo payment to leave $0/mo cash flow. Total monthly income runs $2,521/mo, and annual cash flow reaches $4/yr on $142,542 cash to close. Return on cash invested measures 19.91% in year one, and rental yield registers 7.04% at a $429,990 basis. Equity gained on principal adds $2,775/yr, and annual property appreciation at 5% supports $118,798 by year five. Five-year ROI tracks 102.45% and total cumulative return in cash totals $146,027. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,521/mo property income relative to a $2,105/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2019
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84043, Lehi, UT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
26,063
Single Family
23,687
Multi-Family
2,376
Businesses
2,078
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