1373 40, Orem, UT 84057
5BD/—BA Residential in Orem, UT 84057. 2,192 sqft. Built 1987. Listed at $580,000. MLS #2165427.
5BD/—BA Residential in Orem, UT 84057. 2,192 sqft. Built 1987. Listed at $580,000. MLS #2165427.
Great multi-level home in cul-de-sac. Recently updated. Paid off solar panels. Huge backyard. Amazing NE Orem location with excellent elementary, junior high, and high schools within walking distance. Close to hiking and mountain biking trails. 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
Tri/Multi-Level
Stories
4
County
Utah
Zoning
Single-Family
Construction
Aluminum,Asphalt,Brick
Lot Size
0.28 sq ft
Above Grade Area
1,792 sq ft
Condition
Blt./Standing
MLS #
2165427
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Tri/Multi-Level
Stories
4
County
Utah
Zoning
Single-Family
Construction
Aluminum,Asphalt,Brick
Lot Size
0.28 sq ft
Above Grade Area
1,792 sq ft
Condition
Blt./Standing
MLS #
2165427
List Price
$580,000
Annual Taxes
$2,313
Home Warranty
No
List Price
$580,000
Annual Taxes
$2,313
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Partial
Materials
Aluminum,Asphalt,Brick
Appliances
Microwave
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Partial
Materials
Aluminum,Asphalt,Brick
Appliances
Microwave
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Why this is a deal
Classification
Standard
Deal Score
62/100
vs Similar Homes
3% below
vs Market Median
2% above
Area Growth (YoY)
5.3%
Deal Score Breakdown
62/100 · 1 qualifying signal
5.3% year-over-year ZHVI growth in this area
Priced 3% below the median of similar listings
Priced 2% above the per-subtype city median
LT net cashflow -$1,465/mo (-37.6% return on ownership cost) · STR net cashflow -$1,149/mo (-29.5% 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
$2,762/mo
Range: $2,280 – $3,244
Net Monthly Cash Flow
−$1,465 /mo (−$17,578/yr)
Monthly rental income
Monthly ownership cost
Coverage
71%
Net /mo
−$1,465
DSCR
0.83
Est. Annual Revenue
$47,094/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,147 /mo (−$13,768/yr)
Monthly STR income
Monthly ownership cost
Coverage
101%
Net /mo
−$1,149
DSCR
0.94
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$510,000
+14% vs median
45 days
172
$249,500 – $5,195,000
$2,313
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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