2220 E Murray Holladay Rd APT 18HolladayUT84117
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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 Holladay at 2220 E Murray Holladay Rd APT 18, Holladay, UT, 84117 listed at $245,000 pairs $1,590/mo rent with a $1,199/mo payment to leave $154/mo cash flow. Total monthly income runs $1,590/mo, and annual cash flow reaches $1,850/yr on $81,218 cash to close. Return on cash invested measures 22.19% in year one, and rental yield registers 7.79% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 114.68% and total cumulative return in cash totals $93,144. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,590/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1964
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84117, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,713 (100%) |
| Owner Occupied HU | 6,830 (58.3%) |
| Renter Occupied HU | 4,124 (35.2%) |
| Vacant Housing Units | 759 ( 6.5%) |
| Median Home Value | $708,777 |
| Average Home Value | $823,925 |
Housing Distribution
Address Breakdown
Residential
11,010
Single Family
8,354
Multi-Family
2,656
Businesses
1,171
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