1245 E Privet Dr S #429, Salt Lake City, UT, 84121 | $115/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

Rental property for sale in Salt Lake City at 1245 E Privet Dr S #429, Salt Lake City, UT, 84121 generates $2,459/mo in rent and, after a $1,957/mo payment, leaves $115/mo in cash flow. Total monthly income is $2,459/mo, and annual cash flow is $1,385/yr on $132,567 invested. Return on cash invested sits at 20.95% in year one, and rental yield is 7.38% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 108.02% and total cumulative return in cash sums $143,204. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,459/mo property income rather than buyer’s personal income.

Condo

Built in 2003

435.60 sqft lot

$N/A/sqft

No HOA