2070 E 3335 S APT 32MillcreekUT84109
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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 $1,346/mo, and a $1,346/mo payment. Purchase price stands at $275,000, and rental yield measures 5.87% with $1,346/mo rent. Return on cash invested shows 16.41% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 83.69% and total cumulative return in cash records $76,295. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,346/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Condo
Built in 1965
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84109, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,236 (100%) |
| Owner Occupied HU | 6,697 (72.5%) |
| Renter Occupied HU | 2,277 (24.7%) |
| Vacant Housing Units | 262 ( 2.8%) |
| Median Home Value | $788,779 |
| Average Home Value | $840,206 |
Housing Distribution
Address Breakdown
Residential
9,145
Single Family
9,019
Multi-Family
126
Businesses
707
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