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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 359 N 990 E #9, Salem, UT, 84653 offers a 8.51% rental yield on a $676,900 purchase with $4,800/mo rent. Total monthly income registers $4,800/mo, and a $3,313/mo payment leaves $833/mo available for distribution. Annual cash flow reaches $9,992/yr on $222,700 to close, and return on cash invested stands at 24.55% in year one. Equity gained on principal adds $4,368/yr while 5% annual appreciation supports $187,015 over five years. Portfolio math shows five-year ROI at 127.25% and total cumulative return in cash at $283,379. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,800/mo property income against a $3,313/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
10,454 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Zachary N Morrell • Arive Realty
Mls Name: UtahRealEstate.com
Mls ID: #2022747
