892 800, Orem, UT 84097
5BD/—BA Residential in Orem, UT 84097. 2,592 sqft. Built 1972. Listed at $519,000. MLS #2159123.
5BD/—BA Residential in Orem, UT 84097. 2,592 sqft. Built 1972. Listed at $519,000. MLS #2159123.
NEVER BEFORE ON MARKET! Opportunities like this don't come along often. First time on the market, this beloved family home in northeast Orem is ready for its next chapter. One-owner rambler in northeast Orem has been lovingly cared for more than 50 years. Located in an unbeatable neighborhood within walking distance to schools and just minutes from shopping, restaurants, universities, Sundance Ski Resort, and all the recreation that Provo Canyon and the Provo River have to offer. This affordable opportunity offers solid bones and a wonderful chance for a new owner to update and make it their own. With its great layout and established location, this home is ideal for a buyer ready to create a home of their own in one of Orem's most desirable areas. Square footage figures are provided as a courtesy estimate only and were obtained from county records . Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Brick
Lot Size
0.24 sq ft
Above Grade Area
1,296 sq ft
Condition
Blt./Standing
MLS #
2159123
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Brick
Lot Size
0.24 sq ft
Above Grade Area
1,296 sq ft
Condition
Blt./Standing
MLS #
2159123
List Price
$519,000
Annual Taxes
$2,260
Home Warranty
No
List Price
$519,000
Annual Taxes
$2,260
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Linoleum,Vinyl
Basement
Full
Materials
Brick
Appliances
Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Linoleum,Vinyl
Basement
Full
Materials
Brick
Appliances
Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
80/100
vs Similar Homes
14% below
vs Market Median
0% below
Area Growth (YoY)
5.5%
Deal Score Breakdown
80/100 · 2 qualifying signals
Priced 14% below the median of similar listings
5.5% year-over-year ZHVI growth in this area
Priced 0% below the per-subtype city median
LT net cashflow -$232/mo (-6.7% return on ownership cost) · STR net cashflow -$354/mo (-10.2% 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
$3,676/mo
Range: $2,152 – $5,200
Net Monthly Cash Flow
−$232 /mo (−$2,779/yr)
Monthly rental income
Monthly ownership cost
Coverage
106%
Net /mo
−$232
DSCR
1.25
Est. Annual Revenue
$53,356/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$354 /mo (−$4,251/yr)
Monthly STR income
Monthly ownership cost
Coverage
128%
Net /mo
−$354
DSCR
1.20
$502,000
+3% vs median
52 days
161
$249,000 – $3,150,000
$2,260
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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