1590 S 900 W LOT 1303Salt Lake CityUT84104
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 5.49% gross rental yield, 1590 S 900 W LOT 1303, Salt Lake City, UT, 84104 in Salt Lake City is priced for capital growth, not immediate cash flow. The $394,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $108,855 by year five, with $3,629/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.02) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $105,955.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.5% | 5.1% |
| Monthly Cash Flow | $(678) | $1,850 |
City averages based on Salt Lake City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,801 |
| Total Monthly Debt Service | $2,323 |
| DSCR Ratio | 0.78x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2025
871.20 sqft lot
$N/A/sqft
$170 monthly HOA
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
Townhouse
Built in 2025
871.20 sqft lot
$N/A/sqft
$170 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle Armstrong • Keystone Brokerage LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2059972
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-02-19 17:52:24 PST. 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](/info/mls-disclaimers/#mls_319)