459 N 500 E LOT 21SalemUT84653
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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 Salem at 459 N 500 E LOT 21, Salem, UT, 84653 earns $1,073/mo cash flow from $4,800/mo rent with a $3,112/mo payment. Total monthly income totals $4,800/mo, and annual cash flow totals $12,880/yr on $209,211 capital. ROI tracks 26.22% on current figures, and rental yield reads 9.06% at a $635,900 purchase. Equity gained on principal adds $4,103/yr, and 5% annual appreciation supports $175,687 over five years. Five-year ROI reaches 136.21% and total cumulative return in cash sums $284,967. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,800/mo property income instead of your personal income.
Single Family
Built in 2024
8,276 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,522
Single Family
3,081
Multi-Family
441
Businesses
225
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