Cornell Plan, Enclave at Harmony Place, Salem, UT, 84653 | 6.71% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

Cornell Plan, Enclave at Harmony Place, Salem, UT, 84653 | 6.71% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
3 Bath
1772 sft

Yale Plan, Enclave at Harmony Place, Salem, UT, 84653

Hillsborough Plan, Regency at Harmony Place

3 Bed
3 Bath
2024 sft

Hillsborough Plan, Regency at Harmony Place, Salem, UT, 84653

Kensington Plan, Regency at Harmony Place

3 Bed
3 Bath
2025 sft

Kensington Plan, Regency at Harmony Place, Salem, UT, 84653

Highgrove Plan, Regency at Harmony Place

3 Bed
3 Bath
1827 sft

Highgrove Plan, Regency at Harmony Place, Salem, UT, 84653

Nearby investment properties with comparable prices

3 Bed
3 Bath
2205 sft

1413 S Fox Run Ave #1, Santaquin, UT, 84655

Cambridge Plan, Enclave at Harmony Place

3 Bed
3 Bath
1607 sft

Cambridge Plan, Enclave at Harmony Place, Salem, UT, 84653

3 Bed
3 Bath
1806 sft

Cornell Plan, Enclave at Harmony Place, Salem, UT, 84653

3 Bed
3 Bath
1607 sft

Cambridge Plan, Enclave at Harmony Place, Salem, UT, 84653

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Salem at Cornell Plan, Enclave at Harmony Place, Salem, UT, 84653 earns from $2,266/mo rent with a $1,982/mo payment. Total monthly income totals $2,266/mo. ROI tracks 18.95% on current figures, and rental yield reads 6.71% at a $404,990 purchase. Equity gained on principal adds $2,613/yr, and 5% annual appreciation supports $111,891 over five years. Five-year ROI reaches 97.26% and total cumulative return in cash sums $130,570. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,266/mo property income instead of your personal income.

Townhouse

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

## Easy, connected living The Cornell welcomes easy, connected living with an open main level that links the kitchen, dining, and great room?ideal for everyday meals, relaxed hosting, or quiet nights in. Flexible areas can shift with your routine, from a work-from-home corner to a hobby zone or study space, while a private bedroom retreat offers a calm place to recharge. **Close to lakes, canyons, and year-round recreation** Live near the best of southern Utah County: Salem Lake, Loafer Canyon, and Spanish Fork Canyon for hiking, fishing, and scenic drives. Tee off at Gladstan Golf Course, or enjoy an easy afternoon at Salem Pond Park?all within minutes of Enclave at Harmony Place in Salem. **Culture, campuses, and easy commuting** Join local traditions like Salem Days and the colorful Festival of Colors at the Shri Shri Radha Krishna Temple. Daily connections are simple with convenient access to BYU, Provo, and Salt Lake City. **Community perks (right where you live)** Enjoy neighborhood amenities designed to support active, social living?plus quick access to everyday essentials throughout Salem and nearby Spanish Fork. **Why buyers choose the Cornell** Open main living that keeps kitchen, dining, and great room in sync - Flexible spaces for office, fitness, crafts, or study time - Energy-efficient features for comfort and long-term savings - Options to personalize your style

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