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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% |
Rental property for sale in Lehi at 3844 W 970 N #338, Lehi, UT, 84043 generates $2,634/mo in rent, after a $2,364/mo payment. Total monthly income is $2,634/mo. Return on cash invested sits at 17.72% in year one, and rental yield is 6.55% on a $482,900 entry. Equity gained on principal adds $3,116/yr, while 5% annual appreciation builds toward $133,416 over five years. Five-year ROI reaches 90.96% and total cumulative return in cash sums $145,611. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,634/mo property income rather than buyer’s personal income.
Townhouse
Built in 2024
1,306 sqft lot
$N/A/sqft
$95 monthly HOA
Neighborhood data shown for ZIP Code: 84043, Lehi, UT area.
| 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 |
Residential
26,063
Single Family
23,687
Multi-Family
2,376
Businesses
2,078
Date | Event | Price |
|---|---|---|
| 2024-09-27 | Price change | $482,900 |
| 2024-09-23 | Listed for sale | $479,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: David Hodges • Edge Realty
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2025076
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-15 06:31:53 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](/info/mls-disclaimers/#mls_319)
