1596 S 1300 ESalt Lake CityUT84105
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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 1596 S 1300 E, Salt Lake City, UT, 84105 generates $3,629/mo in rent, after a $3,402/mo payment. Total monthly income is $3,629/mo. Return on cash invested sits at 17.73% in year one, and rental yield is 6.27% on a $695,000 entry. Equity gained on principal adds $4,485/yr, while 5% annual appreciation builds toward $192,016 over five years. Five-year ROI reaches 90.68% and total cumulative return in cash sums $207,342. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,629/mo property income rather than buyer’s personal income.
Single Family
Built in 1929
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84105, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,026 (100%) |
| Owner Occupied HU | 5,470 (54.6%) |
| Renter Occupied HU | 4,116 (41.1%) |
| Vacant Housing Units | 440 ( 4.4%) |
| Median Home Value | $684,787 |
| Average Home Value | $750,368 |
Housing Distribution
Address Breakdown
Residential
9,670
Single Family
9,010
Multi-Family
660
Businesses
337
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Listed by: Thomas Noriega • Utah Real Estate PC
Mls Name: UtahRealEstate.com
Mls ID: #2103223