2150 S Main St STE 216Salt Lake CityUT84115
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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
Investment property for sale in Salt Lake City at 2150 S Main St STE 216, Salt Lake City, UT, 84115 offers a 7.19% rental yield on a $359,500 purchase with $2,155/mo rent. Total monthly income registers $2,155/mo, and a $1,760/mo payment leaves $47/mo available for distribution. Annual cash flow reaches $570/yr on $119,174 to close, and return on cash invested stands at 20.39% in year one. Equity gained on principal adds $2,320/yr while 5% annual appreciation supports $99,323 over five years. Portfolio math shows five-year ROI at 104.98% and total cumulative return in cash at $125,108. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,155/mo property income against a $1,760/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84115, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,667 (100%) |
| Owner Occupied HU | 4,526 (30.9%) |
| Renter Occupied HU | 9,047 (61.7%) |
| Vacant Housing Units | 1,094 ( 7.5%) |
| Median Home Value | $478,696 |
| Average Home Value | $539,935 |
Housing Distribution
Address Breakdown
Residential
13,505
Single Family
10,696
Multi-Family
2,809
Businesses
2,227
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