450 W Chokecherry CirOremUT84058
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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 Orem at 450 W Chokecherry Cir, Orem, UT, 84058 listed at $633,400 pairs $6,096/mo rent with a $3,100/mo payment to leave $2,384/mo cash flow. Total monthly income runs $6,096/mo, and annual cash flow reaches $28,605/yr on $208,389 cash to close. Return on cash invested measures 33.79% in year one, and rental yield registers 11.55% at a $633,400 basis. Equity gained on principal adds $4,087/yr, and annual property appreciation at 5% supports $174,997 by year five. Five-year ROI tracks 176.79% and total cumulative return in cash totals $368,410. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,096/mo property income relative to a $3,100/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84058, Orem, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,074 (100%) |
| Owner Occupied HU | 5,252 (43.5%) |
| Renter Occupied HU | 6,095 (50.5%) |
| Vacant Housing Units | 727 ( 6.0%) |
| Median Home Value | $572,925 |
| Average Home Value | $591,803 |
Housing Distribution
Address Breakdown
Residential
11,281
Single Family
9,995
Multi-Family
1,286
Businesses
890
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