871 500, Orem, UT 84097
4BD/—BA Residential in Orem, UT 84097. 2,520 sqft. Built 1961. Listed at $649,000. MLS #2167543.
4BD/—BA Residential in Orem, UT 84097. 2,520 sqft. Built 1961. Listed at $649,000. MLS #2167543.
Discover this hidden gem nestled in one of Orem's most sought-after neighborhoods! Located just minutes from excellent K through12 schools, parks, shopping, Costco, restaurants, movie theaters, neighboring universities, and Provo Canyon, this beautifully upgraded home offers the perfect blend of comfort, efficiency, and timeless style. Step into the custom-designed kitchen featuring stainless steel KitchenAid appliances, including a standalone gas stove with double ovens and a microwave oven-both equipped with convection features. The space is completed with a versatile island, timeless white custom cabinetry, stunning quartzite countertops, and a statement marble tile backsplash. The spacious 9' x 12' laundry room is thoughtfully designed with a built-in elevated pedestal riser for the washer and dryer, custom cabinetry, and quartzite countertops, allowing this functional space to double as a hobby room. Just steps away, you'll find an indoor refrigerated drinking fountain for added convenience. Additional features include a flex room downstairs that can be used as a home office or gym, cold storage room, and two fireplaces-one gas and one wood-burning-providing both warmth and charm. Recent updates and thoughtful enhancements offer peace of mind, including energy-efficient windows, custom 4 and one fourth-inch white slatted shutters, CO2 smoke detectors (2025), HVAC system (2020), updated plumbing and electrical, recessed lighting, and dimmable switches throughout most of the home. The fully fenced backyard serves as a private retreat with mature landscaping and exceptional outdoor living spaces. Enjoy a 12' x 16' pergola-covered cement patio, a flagstone sitting area, and a second 10' x 18' cement patio surrounded by a large trellis and anchored by a custom brick fireplace. A 3' x 12' designated garden area and an outdoor drinking fountain add to the functionality and appeal, making this backyard ideal for entertaining, relaxing, and creating lasting memories. This isn't just a home you move into-it's a place where life begins to feel established, connected, and genuinely yours. All information is provided as a courtesy. Buyer is advised to verify all information, including but not limited to square footage, room dimensions, lot size, and other property details prior to the agreed-upon due diligence deadline.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Brick,Cement Siding
Lot Size
0.18 sq ft
Above Grade Area
1,260 sq ft
Condition
Blt./Standing
MLS #
2167543
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Brick,Cement Siding
Lot Size
0.18 sq ft
Above Grade Area
1,260 sq ft
Condition
Blt./Standing
MLS #
2167543
List Price
$649,000
Annual Taxes
$2,117
Home Warranty
No
List Price
$649,000
Annual Taxes
$2,117
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Brick,Cement Siding
Appliances
Ceiling Fan,Dryer,Freezer,Microwave,Refrigerator,Washer
Laundry
Gas Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Tile
Basement
Full
Materials
Brick,Cement Siding
Appliances
Ceiling Fan,Dryer,Freezer,Microwave,Refrigerator,Washer
Laundry
Gas Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
45/100
vs Similar Homes
17% above
vs Market Median
74% above
Area Growth (YoY)
3.6%
Deal Score Breakdown
45/100
3.6% year-over-year ZHVI growth in this area
LT net cashflow -$964/mo (-22.3% return on ownership cost) · STR net cashflow -$1,588/mo (-36.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 17% above the median of similar listings
Priced 74% above the per-subtype city median
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
$3,814/mo
Range: $2,774 – $4,854
Net Monthly Cash Flow
−$964 /mo (−$11,568/yr)
Monthly rental income
Monthly ownership cost
Coverage
88%
Net /mo
−$964
DSCR
1.02
Est. Annual Revenue
$46,832/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,587 /mo (−$19,048/yr)
Monthly STR income
Monthly ownership cost
Coverage
90%
Net /mo
−$1,588
DSCR
0.83
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$510,000
+27% vs median
45 days
172
$249,500 – $5,195,000
$2,117
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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