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58 W 400 S, Orem, UT 84058
$466,000
58 W 400 S, Orem, UT 84058
Type
SFR
List Price
$466,000
Price/Sqft
$311
Est Gross Yield
5.6%
$26,064/yr est.
Property Details
Description
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.
Listed by Dave Gourley · Trace Realty
Location
58 W 400 S, Orem, UT 84058
Proforma
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Cap Rate
3.72%
Cash-on-Cash
-2.55%
Cash Flow
-$372/mo
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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 6/20/2026, 9:11:43 PM. 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.