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558 E HIDDEN COVE LN, Lehi, UT 84043
$547,000
558 E HIDDEN COVE LN, Lehi, UT 84043
Type
SFR
List Price
$547,000
Price/Sqft
$219
Est Gross Yield
4.4%
$24,300/yr est.
Property Details
Description
Unique Seller Financing & House-Hacking Opportunity! Very rare opportunity with a contract for deed and the option to assume the loan once the buyer is ready. Terms: 2.75% interest rate | 25-year term | Approx. $2,830 monthly payment | Approx. $397,000 remaining balance. The property is currently pending foreclosure. Buyer to bring approximately $150,000 cash to close, including approximately $145,000 down payment plus $5,000 in closing costs. The $5,000 closing-cost allowance is intended to cover both the buyer's and seller's closing costs. Possession: Buyer will receive possession of the property 30 days after acceptance. Located in a desirable area of Lehi, Utah, with convenient access to I-15. The basement apartment is approximately 90% complete and is already generating approximately $1,000/month in rental income as-is. The property needs some TLC and is being sold as-is and only under the terms described above. Estimated ARV (After Repair Value): $560,000$575,000. Buyer to independently verify all property information, financing terms, rental income, potential ARV, foreclosure status, and possession terms.
Listed by Marco Munguia-Ayala · Equity Real Estate (Premier Elite)
Location
558 E HIDDEN COVE LN, Lehi, UT 84043
Proforma
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Cap Rate
2.95%
Cash-on-Cash
-4.59%
Cash Flow
-$785/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 10/3/2026, 12:07:54 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.