1411 S Utah St APT 7Salt Lake CityUT84104
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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 1411 S Utah St APT 7, Salt Lake City, UT, 84104 generates $1,764/mo in rent, after a $2,100/mo payment. Total monthly income is $1,764/mo. Return on cash invested sits at 10.75% in year one, and rental yield is 4.93% on a $429,000 entry. Equity gained on principal adds $2,768/yr, while 5% annual appreciation builds toward $118,525 over five years. Five-year ROI reaches 54.33% and total cumulative return in cash sums $77,269. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,764/mo property income rather than buyer’s personal income.
Condo
Built in 1998
435.60 sqft lot
$N/A/sqft
$335 monthly HOA
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Nearby investment properties with comparable prices
Listed by: JARED HANSEN • KW South Valley Keller Williams
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2086636
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-05-23 11:58:45 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)