853 235, Orem, UT 84057
3BD/—BA Residential in Orem, UT 84057. 1,440 sqft. Built 1942. Listed at $415,000. MLS #2106405.
3BD/—BA Residential in Orem, UT 84057. 1,440 sqft. Built 1942. Listed at $415,000. MLS #2106405.
BACK ON THE MARKET!!! NEW ROOF, UPDATED BATHROOM AND LAUNDRY ROOM!!! Welcome to this clean and well maintained 3 bedroom, 1 bathroom home with a 1 car garage, that is perfectly located in the heart of Orem City! Enjoy the convenience of being close to schools, shopping, dining, and entertainment, all while living in a quiet and established neighborhood. The home offers a functional layout with bright living spaces and plenty of natural light. With its prime location and inviting charm, this property is a great opportunity for first-time buyers, downsizers, or investors. Close to Provo Canyon that offers world class fly fishing, skiing, lakes and mountains!! Nice size storage room in basement! This is an incredible home!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Asphalt
Lot Size
0.13 sq ft
Above Grade Area
720 sq ft
Condition
Blt./Standing
MLS #
2106405
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Asphalt
Lot Size
0.13 sq ft
Above Grade Area
720 sq ft
Condition
Blt./Standing
MLS #
2106405
List Price
$415,000
Annual Taxes
$1,478
Home Warranty
No
List Price
$415,000
Annual Taxes
$1,478
Home Warranty
No
Heating
Gas: Central
Cooling
Evaporative Cooling
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
Full
Materials
Asphalt
Appliances
Portable Dishwasher,Dryer,Microwave,Refrigerator,Washer
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Cooling
Evaporative Cooling
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
Full
Materials
Asphalt
Appliances
Portable Dishwasher,Dryer,Microwave,Refrigerator,Washer
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
90/100
vs Similar Homes
16% below
vs Market Median
1% below
Area Growth (YoY)
5.5%
Deal Score Breakdown
90/100 · 2 qualifying signals
Priced 16% below the median of similar listings
5.5% year-over-year ZHVI growth in this area
Priced 1% below the per-subtype city median
LT net cashflow -$1,527/mo (-55.3% return on ownership cost) · STR net cashflow -$1,019/mo (-36.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$1,401/mo
Range: $493 – $2,309
Net Monthly Cash Flow
−$1,527 /mo (−$18,321/yr)
Monthly rental income
Monthly ownership cost
Coverage
51%
Net /mo
−$1,527
DSCR
0.59
Est. Annual Revenue
$29,836/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,019 /mo (−$12,233/yr)
Monthly STR income
Monthly ownership cost
Coverage
90%
Net /mo
−$1,019
DSCR
0.84
School District
Alpine
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$510,000
-19% vs median
49 days
168
$249,500 – $5,195,000
$1,478
Moderate
9.5
per 1,000
25.1
per 1,000
9.6
per 1,000
44.2
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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