1601 W 400 S APT 63Salt Lake CityUT84104
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity Builder1601 W 400 S APT 63, Salt Lake City, UT, 84104 in Salt Lake City is a stable, well-positioned rental at $235,000. Rental yield 7.93%. DSCR 1.47 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $64,926 in value and $2,164/yr in principal paydown builds equity, a total projected return of $100,064.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.9% | 5.1% |
| Monthly Cash Flow | $(25) | $1,850 |
City averages based on Salt Lake City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,553 |
| Total Monthly Debt Service | $1,284 |
| DSCR Ratio | 1.21x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Condo
Built in 1974
435.60 sqft lot
$N/A/sqft
No 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
Condo
Built in 1974
435.60 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: UtahRealEstate.com
Mls ID: #2139761