Madison Plan, Legacy at Harmony PlaceSalemUT84653
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Salem at Madison Plan, Legacy at Harmony Place, Salem, UT, 84653 with 5% annual appreciation on a $394,990 basis while $2,266/mo rent supports operations. 46% in year one. Equity gained on principal adds $2,549/yr, and five-year appreciation sums $109,128 alongside rental yield of 6.88%. Five-year ROI measures 100.02% and total cumulative return in cash totals $130,971. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,266/mo property income versus a $1,933/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
3,522
Single Family
3,081
Multi-Family
441
Businesses
225
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
