290 300, Orem, UT 84058
6BD/—BA Residential in Orem, UT 84058. 2,484 sqft. Built 1973. Listed at $555,000. MLS #2140355.
6BD/—BA Residential in Orem, UT 84058. 2,484 sqft. Built 1973. Listed at $555,000. MLS #2140355.
$555,000
Originally listed at $559,000
Beautifully updated 6-bed, 3-bath rambler in the heart of Orem featuring new flooring and fresh paint throughout. Functional layout offers 3 beds/2 baths upstairs and 3 beds/1 bath downstairs, plus two spacious family rooms and two fireplaces. Large kitchen, finished basement with game room, new roof (2022), fully fenced yard with deck, shed, and ample parking. Move-in ready with space for everyone!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
SHERWOOD MEADOWS
County
Utah
Zoning
Single-Family
Construction
Brick
Lot Size
0.2 sq ft
Above Grade Area
1,284 sq ft
Condition
Blt./Standing
MLS #
2140355
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
SHERWOOD MEADOWS
County
Utah
Zoning
Single-Family
Construction
Brick
Lot Size
0.2 sq ft
Above Grade Area
1,284 sq ft
Condition
Blt./Standing
MLS #
2140355
List Price
$555,000
Original Price
$559,000
Annual Taxes
$3,522
Home Warranty
No
List Price
$555,000
Original Price
$559,000
Annual Taxes
$3,522
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
Full
Materials
Brick
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
Full
Materials
Brick
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Strong Cash FlowDeal Score
65/100
vs Similar Homes
7% below
vs Market Median
9% above
Price Reduced
0.7%
Area Growth (YoY)
4.0%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 7% below the median of similar listings
LT net cashflow +$120/mo (+3.1% return on ownership cost) · STR net cashflow -$579/mo (-15.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
4.0% year-over-year ZHVI growth in this area
Priced 9% above the per-subtype city median
1% price reduction from original list — seller may be motivated
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
$4,503/mo
Range: $2,818 – $6,187
Net Monthly Cash Flow
+$120 /mo (+$1,442/yr)
Monthly rental income
Monthly ownership cost
Coverage
117%
Net /mo
+$120
DSCR
1.41
Est. Annual Revenue
$55,946/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$579 /mo (−$6,944/yr)
Monthly STR income
Monthly ownership cost
Coverage
121%
Net /mo
−$579
DSCR
1.16
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$502,000
+11% vs median
52 days
161
$249,000 – $3,150,000
$3,522
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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