997 N 1560 EOremUT84097
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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
Total monthly income runs $3,853/mo, and a $5,849/mo payment. Purchase price stands at $1,195,000, and rental yield measures 3.87% with $3,853/mo rent. Return on cash invested shows 10.6% in year one, and 5% annual appreciation builds toward $330,156 over five years. Five-year ROI reaches 52.4% and total cumulative return in cash records $202,874. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,853/mo property income covering a $5,849/mo payment rather than investor’s personal income.
Single Family
Built in 2006
0.31 Acres lot
$N/A/sqft
No 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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