1228 E Harrison AveSalt Lake CityUT84105
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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
Rental property for sale in Salt Lake City at 1228 E Harrison Ave, Salt Lake City, UT, 84105 generates $2,168/mo in rent, after a $2,839/mo payment. Total monthly income is $2,168/mo. Return on cash invested sits at 12.31% in year one, and rental yield is 4.49% on a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 61.66% and total cumulative return in cash sums $117,669. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,168/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84105, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,026 (100%) |
| Owner Occupied HU | 5,470 (54.6%) |
| Renter Occupied HU | 4,116 (41.1%) |
| Vacant Housing Units | 440 ( 4.4%) |
| Median Home Value | $684,787 |
| Average Home Value | $750,368 |
Housing Distribution
Address Breakdown
Residential
9,670
Single Family
9,010
Multi-Family
660
Businesses
337
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Listed by: Steve M Ward • Spark Realty, LLC
Mls Name: UtahRealEstate.com
Mls ID: #2127366