62 N 380 WOremUT84057
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Orem at 62 N 380 W, Orem, UT, 84057 generates $2,852/mo in rent and, after a $2,021/mo payment, leaves $432/mo in cash flow. Total monthly income is $2,852/mo, and annual cash flow is $5,181/yr on $136,906 invested. Return on cash invested sits at 23.69% in year one, and rental yield is 8.29% on a $412,990 entry. Equity gained on principal adds $2,665/yr, while 5% annual appreciation builds toward $114,102 over five years. Five-year ROI reaches 122.7% and total cumulative return in cash sums $167,990. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,852/mo property income rather than buyer’s personal income.
Townhouse
Built in 1998
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84057, Orem, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,161 (100%) |
| Owner Occupied HU | 6,849 (56.3%) |
| Renter Occupied HU | 5,008 (41.2%) |
| Vacant Housing Units | 304 ( 2.5%) |
| Median Home Value | $511,661 |
| Average Home Value | $560,886 |
Housing Distribution
Address Breakdown
Residential
12,011
Single Family
11,677
Multi-Family
334
Businesses
1,172
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices