418 1080, Orem, UT 84057
2BD/—BA Residential in Orem, UT 84057. 792 sqft. Built 1997. Listed at $254,900. MLS #2157072.
2BD/—BA Residential in Orem, UT 84057. 792 sqft. Built 1997. Listed at $254,900. MLS #2157072.
Welcome to the heart of Orem - where comfort, convenience, and opportunity meet. This beautifully maintained 2-bedroom condo delivers the perfect blend of simplicity and style, whether you're looking for your first home, a student haven, or a solid investment property. Step inside and you'll be greeted by bright natural light, an open-concept living area, and a kitchen that flows seamlessly into the main space - ideal for both entertaining and everyday life. The neutral color palette and smart layout make this home feel larger than its size, creating a warm, welcoming vibe the moment you walk in. The bedrooms are cozy and thoughtfully designed, offering plenty of natural light and closet space. Enjoy central air, modern finishes, and a move-in-ready interior that makes settling in a breeze. Outside, you'll appreciate the low-maintenance lifestyle that condo living offers - no yard work, no exterior upkeep, just time to focus on what matters most. With two dedicated parking spaces, pet-friendly policies, and quick access to UVU, I-15, shopping, and dining, you'll have everything you need right at your fingertips. Whether you're looking for a lock-and-leave lifestyle, a prime rental opportunity, or an affordable entry into one of Utah County's most convenient locations, this home checks every box. Highlights Bright, open layout with modern updates Low HOA and minimal maintenance Minutes from UVU, shopping, and freeway access Pet-friendly community Perfect for first-time buyers or investors
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
VILLAGE CONDO
County
Utah
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.02 sq ft
Above Grade Area
792 sq ft
Condition
Blt./Standing
MLS #
2157072
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
VILLAGE CONDO
County
Utah
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.02 sq ft
Above Grade Area
792 sq ft
Condition
Blt./Standing
MLS #
2157072
List Price
$254,900
HOA Fees
$189 / Monthly
Annual Taxes
$1,038
Home Warranty
No
List Price
$254,900
HOA Fees
$189 / Monthly
Annual Taxes
$1,038
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Vinyl
Basement
None
Materials
Brick,Stucco
Appliances
Microwave
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Vinyl
Basement
None
Materials
Brick,Stucco
Appliances
Microwave
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
75/100
vs Similar Homes
12% below
vs Market Median
0% above
Area Growth (YoY)
3.9%
Deal Score Breakdown
75/100 · 1 qualifying signal
Priced 12% below the median of similar listings
3.9% year-over-year ZHVI growth in this area
Priced 0% above the per-subtype city median
LT net cashflow -$840/mo (-44.5% return on ownership cost) · STR net cashflow -$826/mo (-43.8% 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
$1,188/mo
Range: $871 – $1,505
Net Monthly Cash Flow
−$841 /mo (−$10,087/yr)
Monthly rental income
Monthly ownership cost
Coverage
63%
Net /mo
−$840
DSCR
0.82
Est. Annual Revenue
$18,158/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$826 /mo (−$9,917/yr)
Monthly STR income
Monthly ownership cost
Coverage
80%
Net /mo
−$826
DSCR
0.83
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$502,000
-49% vs median
52 days
161
$249,000 – $3,150,000
$1,038
$189/monthly
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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