58 400, Orem, UT 84058
4BD/—BA Residential in Orem, UT 84058. 1,500 sqft. Built 1934. Listed at $466,000. MLS #2166839.
4BD/—BA Residential in Orem, UT 84058. 1,500 sqft. Built 1934. Listed at $466,000. MLS #2166839.
Charming Orem rambler with flexible mother-in-law style layout, mountain views, RV parking, and solar to be paid off at closing. Main living area features 3 bedrooms, 1.5 bathrooms, an updated kitchen, dining area, comfortable living room, and great natural light. Separate living area offers its own entrance, kitchenette, living space, and access to a lower-level bedroom and full bathroom-great for extended living, guests, work-from-home needs, or rental-style use. Seller reports current rents of $1,700/month for the main home and $1,000/month for the separate mother-in-law style area. Seller intends to pay off the solar loan at closing, giving the buyer the benefit of the solar system without assuming the current solar loan. Depending on future lease terms and utility arrangements, the paid-off solar system may help reduce electric costs and improve overall rental performance. Outside features include a fenced yard, attached 1-car garage, driveway parking, and large RV/oversized vehicle parking area. Convenient central Orem location near schools, parks, shopping, dining, UVU, BYU, University Place, State Street, I-15, FrontRunner, Utah Lake, and Provo Canyon recreation. Buyer to verify all square footage, rental use, zoning, leases, permits, solar details, utilities, and property information.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
MERLIN FINCH
County
Utah
Zoning
Single-Family
Construction
Aluminum
Lot Size
0.22 sq ft
Above Grade Area
1,307 sq ft
Condition
Blt./Standing
MLS #
2166839
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
MERLIN FINCH
County
Utah
Zoning
Single-Family
Construction
Aluminum
Lot Size
0.22 sq ft
Above Grade Area
1,307 sq ft
Condition
Blt./Standing
MLS #
2166839
List Price
$466,000
Annual Taxes
$2,886
Home Warranty
No
List Price
$466,000
Annual Taxes
$2,886
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Aluminum
Appliances
Refrigerator
Laundry
Gas Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Aluminum
Appliances
Refrigerator
Laundry
Gas Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
1
Covered Spaces
1
Total Parking
5
Garage Spaces
1
Covered Spaces
1
Total Parking
5
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
80/100
vs Similar Homes
13% below
vs Market Median
10% above
Area Growth (YoY)
5.6%
Deal Score Breakdown
80/100 · 2 qualifying signals
Priced 13% below the median of similar listings
5.6% year-over-year ZHVI growth in this area
Priced 10% above the per-subtype city median
LT net cashflow -$1,530/mo (-47.6% return on ownership cost) · STR net cashflow -$1,215/mo (-37.8% 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
$1,915/mo
Range: $1,061 – $2,770
Net Monthly Cash Flow
−$1,531 /mo (−$18,369/yr)
Monthly rental income
Monthly ownership cost
Coverage
60%
Net /mo
−$1,530
DSCR
0.72
Est. Annual Revenue
$34,305/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,215 /mo (−$14,580/yr)
Monthly STR income
Monthly ownership cost
Coverage
89%
Net /mo
−$1,215
DSCR
0.85
$510,000
-9% vs median
45 days
172
$249,500 – $5,195,000
$2,886
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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