1963 E Charleston LnSalt Lake CityUT84121
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 1963 E Charleston Ln, Salt Lake City, UT, 84121 in Salt Lake City at $1,980,000, 3.4% gross yield, is a market-growth asset. Rental yield 3.4%. The $5,617/mo rent partially funds the $8,903/mo debt service; the core return is the 5%/yr price growth projected to add $547,037 over five years. Ziffy Mortgage's DSCR mortgage (0.63) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $362,624.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.4% | 5.1% |
| Monthly Cash Flow | $(5,988) | $1,850 |
City averages based on Salt Lake City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,617 |
| Total Monthly Debt Service | $10,817 |
| DSCR Ratio | 0.52x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
No HOA
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
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: C Terry Clark • Ivory Homes, LTD
Mls Name: UtahRealEstate.com
Mls ID: #2116269