128 W Parramatta LnSalt Lake CityUT84115
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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 128 W Parramatta Ln, Salt Lake City, UT, 84115 offers $2,920/mo rent that, after a $2,349/mo payment, leaves $107/mo cash flow. Total monthly income is $2,920/mo, and annual cash flow is $1,285/yr on $159,087 cash. Return on cash invested measures 20.72% in year one, and rental yield stands at 7.3% at a $479,900 entry. Equity gained on principal adds $3,097/yr while 5% annual appreciation compounds into $132,588 by year five. Five-year ROI records 106.76% and total cumulative return in cash reaches $169,845. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,920/mo property income versus a $2,349/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2012
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84115, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,667 (100%) |
| Owner Occupied HU | 4,526 (30.9%) |
| Renter Occupied HU | 9,047 (61.7%) |
| Vacant Housing Units | 1,094 ( 7.5%) |
| Median Home Value | $478,696 |
| Average Home Value | $539,935 |
Housing Distribution
Address Breakdown
Residential
13,505
Single Family
10,696
Multi-Family
2,809
Businesses
2,227
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Listed by: Guadalupe Meraz-Barrios • Realtypath LLC (South Valley)
Mls Name: UtahRealEstate.com
Mls ID: #2122320