156 S Dooley CtSalt Lake CityUT84102
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
Rental property for sale in Salt Lake City at 156 S Dooley Ct, Salt Lake City, UT, 84102 priced at $560,000 converts $2,704/mo rent into after a $2,741/mo obligation. Total monthly income equals $2,704/mo. Return on cash invested prints 16.29% in year one, and rental yield reads 5.79% against a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation compiles into $154,718 by year five. Five-year ROI reaches 82.99% and total cumulative return in cash sums $152,909. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,704/mo property income covering a $2,741/mo payment, not borrower’s personal income.
Single Family
Built in 1901
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84102, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,935 (100%) |
| Owner Occupied HU | 2,027 (18.5%) |
| Renter Occupied HU | 7,757 (70.9%) |
| Vacant Housing Units | 1,151 (10.5%) |
| Median Home Value | $643,910 |
| Average Home Value | $708,535 |
Housing Distribution
Address Breakdown
Residential
9,985
Single Family
4,472
Multi-Family
5,513
Businesses
688
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dani Griffith • The Agency Salt Lake City
Mls Name: UtahRealEstate.com
Mls ID: #2114049