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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% |
Investment property for sale in American Fork at 502 S 1040th St E #238, American Fork, UT, 84003 offers a 10.6% rental yield on a $185,000 purchase with $1,634/mo rent. Total monthly income registers $1,634/mo, and a $905/mo payment leaves $550/mo available for distribution. Annual cash flow reaches $6,602/yr on $61,328 to close, and return on cash invested stands at 30.67% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 160.2% and total cumulative return in cash at $98,247. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,634/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2006
871.20 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Ali Garbero • Knowlton Real Estate
Mls Name: UtahRealEstate.com
Mls ID: #2123851
