2150 S Main St W #R216Salt 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 W #R216, Salt Lake City, UT, 84115 uses $119,009 cash to close to unlock $624/yr annual cash flow and $52/mo monthly cash flow. Total monthly income runs $2,156/mo, and a $1,757/mo payment keeps the spread at $52/mo. Purchase price stands at $359,000, and rental yield measures 7.21% with $2,156/mo rent. Return on cash invested shows 20.43% in year one, and 5% annual appreciation builds toward $99,185 over five years. Five-year ROI reaches 105.21% and total cumulative return in cash records $125,203. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,156/mo property income covering a $1,757/mo payment rather than investor’s personal income.
Single Family
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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