1207 W Gillespie Ave, Salt Lake City, UT, 84104 | $375/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Salt Lake City at 1207 W Gillespie Ave, Salt Lake City, UT, 84104 offers a 8.01% rental yield on a $460,000 purchase with $3,071/mo rent. Total monthly income registers $3,071/mo, and a $2,251/mo payment leaves $375/mo available for distribution. Annual cash flow reaches $4,504/yr on $152,490 to close, and return on cash invested stands at 22.86% in year one. Equity gained on principal adds $2,968/yr while 5% annual appreciation supports $127,090 over five years. Portfolio math shows five-year ROI at 118.26% and total cumulative return in cash at $180,337. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,071/mo property income against a $2,251/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1958

8,276 sqft lot

$N/A/sqft

No HOA