378 S Storrs Ct #105American ForkUT84003
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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 American Fork at 378 S Storrs Ct #105, American Fork, UT, 84003 listed at $689,950 pairs $4,621/mo rent with a $3,377/mo payment to leave $577/mo cash flow. Total monthly income runs $4,621/mo, and annual cash flow reaches $6,925/yr on $226,994 cash to close. Return on cash invested measures 23.11% in year one, and rental yield registers 8.04% at a $689,950 basis. Equity gained on principal adds $4,452/yr, and annual property appreciation at 5% supports $190,620 by year five. Five-year ROI tracks 119.56% and total cumulative return in cash totals $271,396. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,621/mo property income relative to a $3,377/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84003, American Fork, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,220 (100%) |
| Owner Occupied HU | 13,740 (71.5%) |
| Renter Occupied HU | 4,735 (24.6%) |
| Vacant Housing Units | 745 ( 3.9%) |
| Median Home Value | $674,425 |
| Average Home Value | $756,543 |
Housing Distribution
Address Breakdown
Residential
19,159
Single Family
18,903
Multi-Family
256
Businesses
1,665
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Listed by: Sean Shoemaker • Realtypath LLC (Home and Family)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2104087
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-08-12 11:37:03 PDT. 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](/mls-disclaimers/#319)