2233 E Melodie Ann WayHolladayUT84124
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
Investment Highlights
Rental property for sale in Holladay at 2233 E Melodie Ann Way, Holladay, UT, 84124 priced at $1,290,000 pairs $4,541/mo rent with after a $6,314/mo payment. Total monthly income equals $4,541/mo. Return on cash invested is 11.7% in year one, and rental yield stands at 4.22% on a $1,290,000 basis. Equity gained on principal adds $8,324/yr, and 5% annual appreciation accumulates to $356,403 by year five. Five-year ROI measures 58.27% and total cumulative return in cash reaches $243,560. For financing, Ziffy Mortgage’s DSCR program evaluates $4,541/mo property income against a $6,314/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1964
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84124, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,584 (100%) |
| Owner Occupied HU | 5,990 (69.8%) |
| Renter Occupied HU | 2,179 (25.4%) |
| Vacant Housing Units | 415 ( 4.8%) |
| Median Home Value | $815,928 |
| Average Home Value | $897,025 |
Housing Distribution
Address Breakdown
Residential
8,362
Single Family
7,468
Multi-Family
894
Businesses
444
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices