1027 E Emerson Ave SSalt Lake CityUT84105
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 1027 E Emerson Ave S, Salt Lake City, UT, 84105 in Salt Lake City the bet is firmly on appreciation. Rental yield 3.29%. The 3.29% gross yield on a $1,450,000 price is below income-first thresholds, but 5%/yr value growth projects $400,608 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.61) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $256,602.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.3% | 5.1% |
| Monthly Cash Flow | $(4,524) | $1,850 |
City averages based on Salt Lake City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,974 |
| Total Monthly Debt Service | $7,922 |
| DSCR Ratio | 0.50x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 1909
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84105, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,026 (100%) |
| Owner Occupied HU | 5,470 (54.6%) |
| Renter Occupied HU | 4,116 (41.1%) |
| Vacant Housing Units | 440 ( 4.4%) |
| Median Home Value | $684,787 |
| Average Home Value | $750,368 |
Housing Distribution
Address Breakdown
Residential
9,670
Single Family
9,010
Multi-Family
660
Businesses
337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Multi Family
Built in 1909
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84105, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,026 (100%) |
| Owner Occupied HU | 5,470 (54.6%) |
| Renter Occupied HU | 4,116 (41.1%) |
| Vacant Housing Units | 440 ( 4.4%) |
| Median Home Value | $684,787 |
| Average Home Value | $750,368 |
Housing Distribution
Address Breakdown
Residential
9,670
Single Family
9,010
Multi-Family
660
Businesses
337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Miranda Robinson • Capital Investment Real Estate LLC
Mls Name: UtahRealEstate.com
Mls ID: #2114795