1134 W Illinois Ave S,Salt Lake City,UT,84104

Investment Highlights

Investment property for sale in Salt Lake City at 1134 W Illinois Ave S, Salt Lake City, UT, 84104 offers a 7.37% rental yield on a $428,700 purchase with $2,634/mo rent. Total monthly income registers $2,634/mo, and a $2,098/mo payment leaves $122/mo available for distribution. Annual cash flow reaches $1,459/yr on $142,114 to close, and return on cash invested stands at 20.94% in year one. Equity gained on principal adds $2,766/yr while 5% annual appreciation supports $118,442 over five years. Portfolio math shows five-year ROI at 107.92% and total cumulative return in cash at $153,374. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,634/mo property income against a $2,098/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.