1204 S Redwood DrSalt Lake CityUT84104
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 1204 S Redwood Dr, Salt Lake City, UT, 84104 earns from $2,469/mo rent with a $2,075/mo payment. Total monthly income totals $2,469/mo. ROI tracks 19.77% on current figures, and rental yield reads 6.99% at a $424,000 purchase. Equity gained on principal adds $2,736/yr, and 5% annual appreciation supports $117,143 over five years. Five-year ROI reaches 101.7% and total cumulative return in cash sums $142,947. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,469/mo property income instead of your personal income.
Single Family
Built in 1951
9,147 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Dowse • Coldwell Banker Realty (Salt Lake-Sugar House)
Mls Name: UtahRealEstate.com
Mls ID: #2097037