1562 E 3900 S #101MillcreekUT84124
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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
Total monthly income runs $3,340/mo, and a $2,985/mo payment. Purchase price stands at $609,900, and rental yield measures 6.57% with $3,340/mo rent. Return on cash invested shows 18.66% in year one, and 5% annual appreciation builds toward $168,504 over five years. Five-year ROI reaches 95.67% and total cumulative return in cash records $191,976. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,340/mo property income covering a $2,985/mo payment rather than investor’s personal income.
Townhouse
Built in 2024
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84124, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,584 (100%) |
| Owner Occupied HU | 5,990 (69.8%) |
| Renter Occupied HU | 2,179 (25.4%) |
| Vacant Housing Units | 415 ( 4.8%) |
| Median Home Value | $815,928 |
| Average Home Value | $897,025 |
Housing Distribution
Address Breakdown
Residential
8,362
Single Family
7,468
Multi-Family
894
Businesses
444
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