Spruce Plan, Salem FieldsSalemUT84653
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSpruce Plan, Salem Fields, Salem, UT, 84653 in Salem earns its strong cash-flow label: 10.14% yield, $4,800/mo rent, $1,461/mo net income, DSCR 1.88. The $567,990 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $156,925 by year five. Combined with $5,231/yr in principal paydown, total projected return reaches $308,613.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 5.2% |
| Monthly Cash Flow | $1,461 | $420 |
City averages based on Salem market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,800 |
| Total Monthly Debt Service | $3,113 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
N/A lot
$N/A/sqft
$10 monthly 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
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
Single Family
Built in 2026
N/A lot
$N/A/sqft
$10 monthly 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
