1704 E Herbert AveSalt Lake CityUT84108
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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
Investment property for sale in Salt Lake City at 1704 E Herbert Ave, Salt Lake City, UT, 84108 listed at $1,711,400 pairs $6,186/mo rent with a $8,376/mo payment. Total monthly income runs $6,186/mo. Return on cash invested measures 12.05% in year one, and rental yield registers 4.34% at a $1,711,400 basis. Equity gained on principal adds $11,043/yr, and annual property appreciation at 5% supports $472,828 by year five. Five-year ROI tracks 60.16% and total cumulative return in cash totals $333,598. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,186/mo property income relative to a $8,376/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1927
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84108, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,456 (100%) |
| Owner Occupied HU | 5,451 (57.6%) |
| Renter Occupied HU | 3,182 (33.7%) |
| Vacant Housing Units | 823 ( 8.7%) |
| Median Home Value | $855,613 |
| Average Home Value | $937,808 |
Housing Distribution
Address Breakdown
Residential
8,133
Single Family
7,547
Multi-Family
586
Businesses
299
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Listed by: N/A • N/A
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