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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% |
Rental property for sale in Lehi at 5402 N Meadow Lark Ln, Lehi, UT, 84043 priced at $899,000 converts $2,653/mo rent into after a $4,400/mo obligation. Total monthly income equals $2,653/mo. Return on cash invested prints 9.09% in year one, and rental yield reads 3.54% against a $899,000 entry. Equity gained on principal adds $5,801/yr, while 5% annual appreciation compiles into $248,377 by year five. Five-year ROI reaches 44.45% and total cumulative return in cash sums $131,482. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,653/mo property income covering a $4,400/mo payment, not borrower’s personal income.
Single Family
Built in 2020
9,147 sqft lot
$N/A/sqft
$89 monthly HOA
Neighborhood data shown for ZIP Code: 84043, Lehi, UT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 27,595 (100%) |
| Owner Occupied HU | 20,440 (74.1%) |
| Renter Occupied HU | 6,027 (21.8%) |
| Vacant Housing Units | 1,128 ( 4.1%) |
| Median Home Value | $647,006 |
| Average Home Value | $702,389 |
Residential
26,063
Single Family
23,687
Multi-Family
2,376
Businesses
2,078
Date | Event | Price |
|---|---|---|
| 2025-05-09 | Listed for sale | $899,000 |
| 2020-07-14 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-05-12 | $3261.09 | 8.03% | $753,400 | 11.43% |
| 2022-05-12 | $3018.72 | -0.78% | $676,100 | 116.96% |
| 2021-05-12 | $3042.44 | 132.13% | $311,630 | 134.84% |
Listed by: Conor McMullin • Hinge Real Estate
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2083769
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-05-12 11:50:43 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#319)
