1722 W Joust CtSalt Lake CityUT84116
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
Investment Highlights
Rental property for sale in Salt Lake City at 1722 W Joust Ct, Salt Lake City, UT, 84116 generates $2,921/mo in rent, after a $2,545/mo payment. Total monthly income is $2,921/mo. Return on cash invested sits at 19.17% in year one, and rental yield is 6.74% on a $519,900 entry. Equity gained on principal adds $3,355/yr, while 5% annual appreciation builds toward $143,639 over five years. Five-year ROI reaches 98.44% and total cumulative return in cash sums $168,376. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,921/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84116, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,130 (100%) |
| Owner Occupied HU | 5,784 (40.9%) |
| Renter Occupied HU | 7,445 (52.7%) |
| Vacant Housing Units | 901 ( 6.4%) |
| Median Home Value | $441,716 |
| Average Home Value | $517,399 |
Housing Distribution
Address Breakdown
Residential
12,518
Single Family
9,353
Multi-Family
3,165
Businesses
888
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Nereida Lizeth Posada Martinez • Real Broker, LLC
Mls Name: UtahRealEstate.com
Mls ID: #2126881