Back to listings
403 E 500 N, Salem, UT — photo 11 / 18
Single Family

$549,900

403 E 500 N, Salem, UT 84653

Type

SFR

List Price

$549,900

Price/Sqft

$216

Est Gross Yield

5.5%

$30,000/yr est.

Property Details

Property typeSingle Family
Year built2025
Total units1
Living area2,546 sqft
Bedrooms4
Bathrooms3
Lot size0.2 acres
Parking2 spaces
Days on market1
Listed2026-10-22T00:00:00+00:00

Description

**MOVE-IN READY! LARGE YARD, COMPLETED LANDSCAPING & FENCING, AND NO HOA-NOT YOUR TYPICAL TWIN HOME!** Located in Salem's Timber Ranch community, this spacious twin home sits on an exceptional .20-acre cul-de-sac lot with a fully fenced backyard and newly completed landscaping. With 2,546 total square feet, the home features an open and inviting floor plan, beautiful and durable laminate flooring throughout the main level, dark cabinetry with crown molding, quartz countertops, and a spacious kitchen with a center island. Newly installed blinds and a refrigerator are also included. The unfinished basement features its own separate walkout entrance, offering flexibility for future living space, bedrooms, or storage. With the landscaping and fencing already taken care of, you can move right in without the expense of completing the yard! **Ask about builder incentives offering up to $15,000 in potential savings through eligible closing cost contributions, interest rate buydowns, or purchase price reductions when using the builder's preferred lender and title company.** Incentives vary by loan program, purchase price, and buyer qualifications. Contact the listing agent for details. Buyer to verify all information. Schedule your private showing today!

Listed by Jared Haynie · CDG Real Estate Inc.

Location

403 E 500 N, Salem, UT 84653

Proforma

Drag sliders to explore the deal

Cap Rate

3.63%

Cash-on-Cash

-2.80%

Cash Flow

-$481/mo

Purchase Price$549,900
Down Payment35% ($192,465)
Interest Rate6.00%
Monthly Rent$2,500/mo
Vacancy5%
Expense Ratio30% ($8,550)

Quick estimates only. Switch to Detailed for full line-item control.

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

DISCLAIMER: The information provided on this website, including property details, pricing, projections, and availability, is for informational purposes only and may change without notice. While Canovo Group, LLC strives to maintain accurate and up-to-date information, we do not guarantee its completeness or accuracy. Users should independently verify all information and property details, including availability and any leasing conditions, with the listing agent or property owner before making any decisions. Canovo Group, LLC is not responsible for any errors, omissions, or third-party content and makes no representations or warranties regarding the properties listed. Neither Canovo Group, LLC nor its affiliates are acting as your real estate agent or broker, nor do we represent or endorse any properties or parties unless expressly stated in a separate written agreement. This website is not an offer or solicitation to buy, sell, or lease any property. All transactions are the sole responsibility of the parties involved.

© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 10/23/2026, 12:54:44 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.