858 N 1650 E, Salem, UT, 84653 | 4.18% Rental Yield

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858 N 1650 E, Salem, UT, 84653 | 4.18% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Salem at 858 N 1650 E, Salem, UT, 84653 listed at $649,990 pairs $2,266/mo rent with a $3,181/mo payment. Total monthly income runs $2,266/mo. Return on cash invested measures 11.4% in year one, and rental yield registers 4.18% at a $649,990 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,580 by year five. Five-year ROI tracks 56.74% and total cumulative return in cash totals $121,331. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,266/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautiful Rambler MONROE floorplan in the Farmhouse style, 3 beds, 2 baths, 3-car large garage. Open family/kitchen layout, 9' ceiling on main, standard kitchen layout, tray ceiling in Family room & bedroom 1, 36" upper cabinets white w/ crown molding, upgraded cabinet features: soft-close, stainless steel gas appliances, quartz countertop in kitchen and bathrooms, laminate throughout the kitchen, dining and family, bedroom 1 suite, grand bath with walk-in shower, and 2nd vanity sink, 50-gallon water heater, mudroom bench, and unfinished basement. Farmhouse Exterior ** Special Interest Rates are Available ** with our Builder Forward Commitment (BFC) if you use DHI Mortgage in addition to receiving $6,000 toward closing costs. Ask me about our generous home warranties, active radon Mitigation System, and Smart Home Package, which is included in this home. The actual home may differ in color, material, and/or options. Pictures are of a finished home of the same floor plan and the available home may contain different options, upgrades, and exterior color and/or elevation style. Square footage figures are provided as a courtesy estimate only and were obtained from building plans. No representation or warranties are made regarding school districts and assignments; please conduct your own investigation regarding current/future school boundaries.

Neighborhood Data

Neighborhood data shown for ZIP Code: 84653, Salem, UT area.

Housing Distribution

Housing Statistics

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