839 Penni LnOremUT84097
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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 839 Penni Ln, Orem, UT, 84097 offers $2,160/mo rent that, after a $4,400/mo payment. Total monthly income is $2,160/mo. Return on cash invested measures 6.63% in year one, and rental yield stands at 2.88% at a $899,000 entry. Equity gained on principal adds $5,801/yr while 5% annual appreciation compounds into $248,377 by year five. Five-year ROI records 31.48% and total cumulative return in cash reaches $93,118. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $4,400/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
2,352 sqft lot
$N/A/sqft
$200 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84097, Orem, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,685 (100%) |
| Owner Occupied HU | 4,732 (61.6%) |
| Renter Occupied HU | 2,382 (31.0%) |
| Vacant Housing Units | 571 ( 7.4%) |
| Median Home Value | $620,507 |
| Average Home Value | $668,136 |
Housing Distribution
Address Breakdown
Residential
6,913
Single Family
6,291
Multi-Family
622
Businesses
993
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