2149 E Applewood AveSalt Lake CityUT84121
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestment property for sale in Salt Lake City at 2149 E Applewood Ave, Salt Lake City, UT, 84121 projects strong ROI of 2.86%. Rental yield 1.44%. With 5% annual appreciation, the property builds $1,174,197 in value over five years. Equity growth combined delivers a projected five-year ROI of 27.57%, translating into $331,021 in total cumulative return on $1,200,625 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.4% | 5.1% |
| Monthly Cash Flow | $(19,804) | $1,850 |
City averages based on Salt Lake City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $5,106 |
| Total Monthly Debt Service | $23,219 |
| DSCR Ratio | 0.22x |
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 2020
0.88 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 2020
0.88 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janis Bennion • Chapman-Richards & Associates, Inc.
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2015276
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-02-19 21:55:28 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)