12160 E Big Cottonwood Canyon Rd #3Salt Lake CityUT84121
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 1.95% gross rental yield, 12160 E Big Cottonwood Canyon Rd #3, Salt Lake City, UT, 84121 in Salt Lake City is priced for capital growth, not immediate cash flow. The $1,125,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $310,817 by year five, with $10,361/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.36) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $93,337.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2% | 5.1% |
| Monthly Cash Flow | $(5,182) | $1,850 |
City averages based on Salt Lake City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,829 |
| Total Monthly Debt Service | $6,563 |
| DSCR Ratio | 0.28x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Condo
Built in 1998
435.60 sqft lot
$N/A/sqft
$5,000 annually HOA
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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
Condo
Built in 1998
435.60 sqft lot
$N/A/sqft
$5,000 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices