1047 E Eastgate RdSalt Lake CityUT84117
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
Investment Highlights
Investment property for sale in Salt Lake City at 1047 E Eastgate Rd, Salt Lake City, UT, 84117 offers a 8.04% rental yield on a $559,400 purchase with $3,749/mo rent. Total monthly income registers $3,749/mo, and a $2,738/mo payment leaves $27/mo available for distribution. Annual cash flow reaches $327/yr on $184,043 to close, and return on cash invested stands at 20.24% in year one. Equity gained on principal adds $3,610/yr while 5% annual appreciation supports $154,552 over five years. Portfolio math shows five-year ROI at 105.2% and total cumulative return in cash at $193,617. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,749/mo property income against a $2,738/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 1972
4,356 sqft lot
$N/A/sqft
$443 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84117, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,713 (100%) |
| Owner Occupied HU | 6,830 (58.3%) |
| Renter Occupied HU | 4,124 (35.2%) |
| Vacant Housing Units | 759 ( 6.5%) |
| Median Home Value | $708,777 |
| Average Home Value | $823,925 |
Housing Distribution
Address Breakdown
Residential
11,010
Single Family
8,354
Multi-Family
2,656
Businesses
1,171
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A