1062 W Foxglove Dr #118Salt Lake CityUT84123
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 1062 W Foxglove Dr #118, Salt Lake City, UT, 84123 uses $46,410 cash to close to unlock $2,852/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $1,058/mo, and a $685/mo payment keeps the spread at $238/mo. Purchase price stands at $140,000, and rental yield measures 9.07% with $1,058/mo rent. Return on cash invested shows 26.05% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 135.38% and total cumulative return in cash records $62,830. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,058/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 1971
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84123, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,950 (100%) |
| Owner Occupied HU | 8,731 (58.4%) |
| Renter Occupied HU | 5,774 (38.6%) |
| Vacant Housing Units | 445 ( 3.0%) |
| Median Home Value | $524,663 |
| Average Home Value | $512,546 |
Housing Distribution
Address Breakdown
Residential
15,171
Single Family
11,598
Multi-Family
3,573
Businesses
858
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thomas Larson • Coldwell Banker Realty (Union Heights)
Mls Name: UtahRealEstate.com
Mls ID: #2117705