1316 Pinewood DrSalt Lake CityUT84123
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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 1316 Pinewood Dr, Salt Lake City, UT, 84123 offers a 7.53% rental yield on a $564,000 purchase with $3,540/mo rent. Total monthly income registers $3,540/mo, and a $2,761/mo payment leaves $235/mo available for distribution. Annual cash flow reaches $2,818/yr on $185,556 to close, and return on cash invested stands at 21.58% in year one. Equity gained on principal adds $3,639/yr while 5% annual appreciation supports $155,823 over five years. Portfolio math shows five-year ROI at 111.32% and total cumulative return in cash at $206,569. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,540/mo property income against a $2,761/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84123, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,950 (100%) |
| Owner Occupied HU | 8,731 (58.4%) |
| Renter Occupied HU | 5,774 (38.6%) |
| Vacant Housing Units | 445 ( 3.0%) |
| Median Home Value | $524,663 |
| Average Home Value | $512,546 |
Housing Distribution
Address Breakdown
Residential
15,171
Single Family
11,598
Multi-Family
3,573
Businesses
858
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Listed by: Mikel T Otufangavalu • KW South Valley Keller Williams
Mls Name: UtahRealEstate.com
Mls ID: #2114833