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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 Salem at 744 N 1700 E #1123, Salem, UT, 84653 listed at $429,990 pairs $2,266/mo rent with a $2,105/mo payment. Total monthly income runs $2,266/mo. Return on cash invested measures 17.77% in year one, and rental yield registers 6.32% at a $429,990 basis. Equity gained on principal adds $2,775/yr, and annual property appreciation at 5% supports $118,798 by year five. Five-year ROI tracks 90.92% and total cumulative return in cash totals $129,599. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,266/mo property income relative to a $2,105/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 84653, Salem, UT area.
| 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 |
Residential
3,522
Single Family
3,081
Multi-Family
441
Businesses
225
Date | Event | Price |
|---|---|---|
| 2025-02-08 | Listed for sale | $429,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tytianna Upchurch • D.R. Horton - Salt Lake City
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A
