1400 W 6690 S UNIT G201Salt Lake CityUT84123
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1400 W 6690 S UNIT G201, Salt Lake City, UT, 84123 listed at $350,000 pairs $2,051/mo rent with a $1,713/mo payment. Total monthly income runs $2,051/mo. Return on cash invested measures 17.27% in year one, and rental yield registers 7.03% at a $350,000 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,699 by year five. Five-year ROI tracks 89.22% and total cumulative return in cash totals $103,514. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,051/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1996
435.60 sqft lot
$N/A/sqft
$255 monthly 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: Armenuhi Sargsyan • Fathom Realty (Union Park)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2086461
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-05-23 12:28:44 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#319)