1942 E Ramona Ave SSalt 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
Total monthly income runs $2,768/mo, and a $3,813/mo payment. Purchase price stands at $779,000, and rental yield measures 4.26% with $2,768/mo rent. Return on cash invested shows 11.64% in year one, and 5% annual appreciation builds toward $215,223 over five years. Five-year ROI reaches 58.03% and total cumulative return in cash records $148,730. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,768/mo property income covering a $3,813/mo payment rather than investor’s personal income.
Single Family
Built in 1953
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: Thomas Wilkinson • Realtypath LLC (Preferred)
Mls Name: UtahRealEstate.com
Mls ID: #2110014