3637 W 1480 N #I302, Lehi, UT, 84043 | $492/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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3637 W 1480 N #I302, Lehi, UT, 84043 | $492/mo Cash Flow | 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 Lehi at 3637 W 1480 N #I302, Lehi, UT, 84043 offers a 8.7% rental yield on a $354,900 purchase with $2,572/mo rent. Total monthly income registers $2,572/mo, and a $1,737/mo payment leaves $492/mo available for distribution. Annual cash flow reaches $5,903/yr on $117,649 to close, and return on cash invested stands at 24.93% in year one. Equity gained on principal adds $2,290/yr while 5% annual appreciation supports $98,052 over five years. Portfolio math shows five-year ROI at 129.31% and total cumulative return in cash at $152,128. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,572/mo property income against a $1,737/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 2022

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to this well-maintained 3-bedroom, 2-bath condo that's move-in ready and quietly impressive. Natural light fills the main living area, highlighting clean lines, functional layout, and thoughtful upkeep. The open living and dining space flows comfortably, offering room to relax or entertain without any unnecessary fuss. The kitchen has everything you need, right where you expect it. A practical design done well. The primary bedroom includes an en-suite bath for a bit of added privacy, while the remaining two rooms offer flexibility for guests, a home office, or extra storage. The condo is vacant and ready when you are-no clutter, no distractions, just a solid home waiting for someone to make it theirs. It's simple, genuine, and taken care of-exactly what a home should be.

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