1102 W Kensington DrNorth Salt LakeUT84054
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
Rental property for sale in North Salt Lake at 1102 W Kensington Dr, North Salt Lake, UT, 84054 generates $2,669/mo in rent and, after a $1,762/mo payment, leaves $559/mo in cash flow. Total monthly income is $2,669/mo, and annual cash flow is $6,709/yr on $119,307 invested. Return on cash invested sits at 25.53% in year one, and rental yield is 8.9% on a $359,900 entry. Equity gained on principal adds $2,322/yr, while 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 132.6% and total cumulative return in cash sums $158,198. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,669/mo property income rather than buyer’s personal income.
Townhouse
Built in 2007
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84054, North Salt Lake, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,857 (100%) |
| Owner Occupied HU | 5,223 (66.5%) |
| Renter Occupied HU | 2,376 (30.2%) |
| Vacant Housing Units | 258 ( 3.3%) |
| Median Home Value | $594,821 |
| Average Home Value | $625,380 |
Housing Distribution
Address Breakdown
Residential
7,936
Single Family
7,930
Multi-Family
6
Businesses
838
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sara Hiatt • KW South Valley Keller Williams
Mls Name: UtahRealEstate.com
Mls ID: #2132051