



A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in American Fork at 502 S 1040th St E #213, American Fork, UT, 84003 listed at $197,600 pairs $1,504/mo rent with a $967/mo payment to leave $346/mo cash flow. Total monthly income runs $1,504/mo, and annual cash flow reaches $4,152/yr on $65,504 cash to close. Return on cash invested measures 26.25% in year one, and rental yield registers 9.13% at a $197,600 basis. Equity gained on principal adds $1,275/yr, and annual property appreciation at 5% supports $54,593 by year five. Five-year ROI tracks 136.4% and total cumulative return in cash totals $89,350. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,504/mo property income relative to a $967/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in 2001
696 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 84003, American Fork, UT area.
| 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 |
Residential
19,159
Single Family
18,903
Multi-Family
256
Businesses
1,665
Date | Event | Price |
|---|---|---|
| 2025-09-02 | Pending sale | $198,000 |
| 2025-08-20 | Listed for sale | $198,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $855.36 | 11.10% | $172,800 | 4.79% |
| 2023-10-21 | $769.91 | -14.49% | $164,900 | -13.35% |
| 2022-10-21 | $900.33 | 3.93% | $190,300 | 119.96% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A