462 1200, Orem, UT 84057
5BD/—BA Residential in Orem, UT 84057. 1,821 sqft. Built 1972. Listed at $535,000. MLS #2168768.
5BD/—BA Residential in Orem, UT 84057. 1,821 sqft. Built 1972. Listed at $535,000. MLS #2168768.
Completely renovated and move-in ready, this beautifully updated rambler blends modern finishes with exceptional functionality. Nearly every surface has been refreshed with brand-new flooring throughout, fresh interior paint, updated window coverings, new appliances, stylish quartz countertops, and a fully remodeled main-level bathroom featuring an oversized wheelchair-accessible shower. The bright, open layout is filled with natural light and offers spacious living areas, including a large second family room in the finished basement, providing flexible space for entertaining, relaxing, or a home theater. Outside, you'll find a rare combination of space and versatility with a heated oversized garage, RV parking, and a fully fenced backyard with no rear neighbors for added privacy. Enjoy mature fruit trees, raised garden beds, and a thriving vegetable garden, with plenty of room to relax, play, or grow your own produce. Conveniently located near shopping, schools, parks, and commuter routes, this turnkey home combines thoughtful updates, accessibility, generous indoor and outdoor living spaces, and a setting that's increasingly hard to find
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
MELANIE GARDENS
County
Utah
Zoning
Single-Family
Construction
Asphalt,Brick
Lot Size
0.22 sq ft
Above Grade Area
921 sq ft
Condition
Blt./Standing
MLS #
2168768
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
MELANIE GARDENS
County
Utah
Zoning
Single-Family
Construction
Asphalt,Brick
Lot Size
0.22 sq ft
Above Grade Area
921 sq ft
Condition
Blt./Standing
MLS #
2168768
List Price
$535,000
Annual Taxes
$1,931
Home Warranty
No
List Price
$535,000
Annual Taxes
$1,931
Home Warranty
No
Heating
Forced Air,>= 95% efficiency
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Daylight
Materials
Asphalt,Brick
Appliances
Ceiling Fan,Freezer,Microwave,Range Hood,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,>= 95% efficiency
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Daylight
Materials
Asphalt,Brick
Appliances
Ceiling Fan,Freezer,Microwave,Range Hood,Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Garage Spaces
2
Covered Spaces
2
Total Parking
6
Why this is a deal
Classification
Standard
Deal Score
70/100
vs Similar Homes
8% below
vs Market Median
11% above
Area Growth (YoY)
5.3%
Deal Score Breakdown
70/100 · 2 qualifying signals
Priced 8% below the median of similar listings
5.3% year-over-year ZHVI growth in this area
Priced 11% above the per-subtype city median
LT net cashflow -$2,041/mo (-57.3% return on ownership cost) · STR net cashflow -$1,102/mo (-31.0% 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
$1,726/mo
Range: $1,065 – $2,387
Net Monthly Cash Flow
−$2,041 /mo (−$24,490/yr)
Monthly rental income
Monthly ownership cost
Coverage
49%
Net /mo
−$2,041
DSCR
0.57
Est. Annual Revenue
$42,136/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,101 /mo (−$13,218/yr)
Monthly STR income
Monthly ownership cost
Coverage
99%
Net /mo
−$1,102
DSCR
0.92
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$510,000
+5% vs median
49 days
167
$249,500 – $5,195,000
$1,931
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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