1164 E 800 SSalt Lake CityUT84102
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.24% yield at 1164 E 800 S, Salt Lake City, UT, 84102 in Salt Lake City is solid, but the $4,132/mo payment compresses net cash flow to $161/mo at $919,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $253,903 by year five, and $8,464/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.34) without U.S. income documentation. Total projected return: $357,576.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 5.1% |
| Monthly Cash Flow | $161 | $1,850 |
City averages based on Salt Lake City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,548 |
| Total Monthly Debt Service | $5,021 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1921
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84102, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,935 (100%) |
| Owner Occupied HU | 2,027 (18.5%) |
| Renter Occupied HU | 7,757 (70.9%) |
| Vacant Housing Units | 1,151 (10.5%) |
| Median Home Value | $643,910 |
| Average Home Value | $708,535 |
Housing Distribution
Address Breakdown
Residential
9,985
Single Family
4,472
Multi-Family
5,513
Businesses
688
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
Single Family
Built in 1921
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84102, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,935 (100%) |
| Owner Occupied HU | 2,027 (18.5%) |
| Renter Occupied HU | 7,757 (70.9%) |
| Vacant Housing Units | 1,151 (10.5%) |
| Median Home Value | $643,910 |
| Average Home Value | $708,535 |
Housing Distribution
Address Breakdown
Residential
9,985
Single Family
4,472
Multi-Family
5,513
Businesses
688
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jaime Miner • Market Development, Inc.
Mls Name: UtahRealEstate.com
Mls ID: #2138009