443 N 500 E LOT 2, Salem, UT, 84653 | $1,460/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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443 N 500 E LOT 2, Salem, UT, 84653 | $1,460/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 Salem at 443 N 500 E LOT 2, Salem, UT, 84653 uses $187,497 cash to close to unlock $17,521/yr annual cash flow and $1,460/mo monthly cash flow. Total monthly income runs $4,800/mo, and a $2,789/mo payment keeps the spread at $1,460/mo. Purchase price stands at $569,900, and rental yield measures 10.11% with $4,800/mo rent. Return on cash invested shows 29.41% in year one, and 5% annual appreciation builds toward $157,453 over five years. Five-year ROI reaches 153.32% and total cumulative return in cash records $287,466. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,800/mo property income covering a $2,789/mo payment rather than investor’s personal income.

Multi Family

Built in 2024

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

JUST COMPLETED!! BRAND NEW 4 BEDROOM TWIN HOME! NO HOA!! 2 car garage, QUARTZ Tops, upgraded Dark cabinets with crown molding & island, wood/tile flooring, central air, 2 tone paint, basement exit, plus much more. ** SEE AGENT REMARKS FOR $12k Incentives**

Neighborhood Data

Neighborhood data shown for ZIP Code: 84653, Salem, UT area.

Housing Distribution

Housing Statistics

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