119 W 5878 SSalt Lake CityUT84107
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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 119 W 5878 S, Salt Lake City, UT, 84107 earns $142/mo cash flow from $3,366/mo rent with a $2,692/mo payment. Total monthly income totals $3,366/mo, and annual cash flow totals $1,708/yr on $180,950 capital. ROI tracks 21% on current figures, and rental yield reads 7.34% at a $550,000 purchase. Equity gained on principal adds $3,549/yr, and 5% annual appreciation supports $151,955 over five years. Five-year ROI reaches 108.27% and total cumulative return in cash sums $195,910. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,366/mo property income instead of your personal income.
Single Family
Built in 1954
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84107, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,789 (100%) |
| Owner Occupied HU | 7,299 (38.8%) |
| Renter Occupied HU | 10,112 (53.8%) |
| Vacant Housing Units | 1,378 ( 7.3%) |
| Median Home Value | $561,327 |
| Average Home Value | $606,922 |
Housing Distribution
Address Breakdown
Residential
16,549
Single Family
11,707
Multi-Family
4,842
Businesses
2,220
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Listed by: Jenny Pace • Greystone Real Estate
Mls Name: UtahRealEstate.com
Mls ID: #2124755