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341 S 850 E photo 11 / 15
Single Family

$677,000

341 S 850 E, American Fork, UT 84003

Type

SFR

List Price

$677,000

Price/Sqft

$195

Est Gross Yield

4.4%

$29,676/yr est.

Property Details

Property typeSingle Family
Year built2019
Total units1
Living area3,469 sqft
Bedrooms6
Bathrooms4
Lot size0.1 acres
Parking2 spaces
Days on market2
Listed2026-07-14T00:00:00+00:00

Description

THIS IS A FULLY LEASED TENANT-OCCUPIED AND FULLY MANAGED TURNKEY RENTAL!!! $3,950 Gross Rent Per Month - Fully operated by Tenant (-$200) CASHFLOW FROM DAY 1 with FRESH 12 MONTH LEASE AGREEMENT. Beautiful 6 bedroom 3.5 bath house in wonderful neighborhood of American Fork. Built in 2019 this home has a wonderful great room with kitchen and living room. The modern design includes white quartz throughout and a modern farmhouse sink. The master has ample space with a huge master bedroom closet. There are four bedrooms on the top floor with a loft and two full bathrooms. The entire home is set up with smurf tube so flat screens can be mounted throughout. There are two bedrooms in the basement and a full bath with a huge living space great for movie theater, workout room or both. The 3365 Square Foot home has been designed to perfection and requires no cosmetic upgrades. Premium carpet on the top floor and basement make for a comfortable living space while the hardwood linoleum in the kitchen, living room, and front entry room keep things clean and looking beautiful. The home sits on a lot with back patio and grass in the back and front yards. More than enough room for trampoline or playhouse, or just for BBQs and relaxing with the family. Sitting on the edge of the row of homes there is plenty of privacy only having one neighbor.

Listed by Matt B Rowan · Equity Real Estate (Solid)

Location

341 S 850 E, American Fork, UT 84003

Proforma

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Cap Rate

2.91%

Cash-on-Cash

-4.70%

Cash Flow

-$994/mo

Purchase Price$677,000
Down Payment35% ($236,950)
Interest Rate6.00%
Monthly Rent$2,473/mo
Vacancy5%
Expense Ratio30% ($8,458)

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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.

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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 7/16/2026, 9:45:14 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.