131 E Yale AveSalt Lake CityUT84111
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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 131 E Yale Ave, Salt Lake City, UT, 84111 at $309,000 posts ROI 17.7% with from $1,622/mo rent. Total monthly income equals $1,622/mo. Return on cash invested measures 17.7% and rental yield reads 6.3% at the current $309,000. Equity gained on principal adds $1,994/yr, and 5% annual appreciation supports $85,371 by year five. Five-year ROI prints 90.59% and total cumulative return in cash totals $92,789. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,622/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84111, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,746 (100%) |
| Owner Occupied HU | 1,668 (17.1%) |
| Renter Occupied HU | 6,554 (67.2%) |
| Vacant Housing Units | 1,524 (15.6%) |
| Median Home Value | $588,441 |
| Average Home Value | $645,159 |
Housing Distribution
Address Breakdown
Residential
8,957
Single Family
3,984
Multi-Family
4,973
Businesses
1,338
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Listed by: Ryan Kramer • RE/MAX Associates
Mls Name: UtahRealEstate.com
Mls ID: #2097018