1221 E 800 SSalt Lake CityUT84102
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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 1221 E 800 S, Salt Lake City, UT, 84102 offers a 5.28% rental yield on a $875,000 purchase with $3,848/mo rent. 72% in year one. Equity gained on principal adds $5,646/yr while 5% annual appreciation supports $241,746 over five years. Portfolio math shows five-year ROI at 74.57% and total cumulative return in cash at $214,655. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,848/mo property income against a $4,283/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1937
5,227 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
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Listed by: Brian Babb • Equity Real Estate (Advantage)
Mls Name: UtahRealEstate.com
Mls ID: #2098006