853 N 235 EOremUT84057
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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 853 N 235 E, Orem, UT, 84057 generates $2,148/mo in rent, after a $2,030/mo payment. Total monthly income is $2,148/mo. Return on cash invested sits at 17.44% in year one, and rental yield is 6.21% on a $414,800 entry. Equity gained on principal adds $2,677/yr, while 5% annual appreciation builds toward $114,602 over five years. Five-year ROI reaches 89.2% and total cumulative return in cash sums $122,658. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,148/mo property income rather than buyer’s personal income.
Single Family
Built in 1942
5,662 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
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