1618 S Concord St W, Salt Lake City, UT, 84104 | $247/mo Cash Flow

For Sale

Currently Rented

Fix & Flip

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Salt Lake City at 1618 S Concord St W, Salt Lake City, UT, 84104 uses $121,992 cash to close to unlock $2,967/yr annual cash flow and $247/mo monthly cash flow. Total monthly income runs $2,404/mo, and a $1,801/mo payment keeps the spread at $247/mo. Purchase price stands at $368,000, and rental yield measures 7.84% with $2,404/mo rent. Return on cash invested shows 22.34% in year one, and 5% annual appreciation builds toward $101,672 over five years. Five-year ROI reaches 115.47% and total cumulative return in cash records $140,869. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,404/mo property income covering a $1,801/mo payment rather than investor’s personal income.

Single Family

Built in 1975

6,098 sqft lot

$N/A/sqft

No HOA