1660 S Major St E #8Salt Lake CityUT84115
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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 1660 S Major St E #8, Salt Lake City, UT, 84115 generates $2,798/mo in rent and, after a $2,105/mo payment, leaves $17/mo in cash flow. Total monthly income is $2,798/mo, and annual cash flow is $208/yr on $142,545 invested. Return on cash invested sits at 20.05% in year one, and rental yield is 7.81% on a $429,999 entry. Equity gained on principal adds $2,775/yr, while 5% annual appreciation builds toward $118,801 over five years. Five-year ROI reaches 104% and total cumulative return in cash sums $148,250. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,798/mo property income rather than buyer’s personal income.
Townhouse
Built in 2020
435.60 sqft lot
$N/A/sqft
$260 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84115, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,667 (100%) |
| Owner Occupied HU | 4,526 (30.9%) |
| Renter Occupied HU | 9,047 (61.7%) |
| Vacant Housing Units | 1,094 ( 7.5%) |
| Median Home Value | $478,696 |
| Average Home Value | $539,935 |
Housing Distribution
Address Breakdown
Residential
13,505
Single Family
10,696
Multi-Family
2,809
Businesses
2,227
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Listed by: Jake LaSalle • Real Broker, LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2130591
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2026-01-16 11:41:18 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](/mls-disclaimers/#319)