2233 S 500 E APT 105Salt Lake CityUT84106
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
Investment property for sale in Salt Lake City at 2233 S 500 E APT 105, Salt Lake City, UT, 84106 uses $157,131 cash to close to unlock $5,518/yr annual cash flow and $460/mo monthly cash flow. Total monthly income runs $3,473/mo, and a $2,320/mo payment keeps the spread at $460/mo. Purchase price stands at $474,000, and rental yield measures 8.79% with $3,473/mo rent. Return on cash invested shows 23.42% in year one, and 5% annual appreciation builds toward $130,957 over five years. Five-year ROI reaches 121.89% and total cumulative return in cash records $191,525. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,473/mo property income covering a $2,320/mo payment rather than investor’s personal income.
Townhouse
Built in 2001
435.60 sqft lot
$N/A/sqft
$235 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84106, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,216 (100%) |
| Owner Occupied HU | 8,641 (47.4%) |
| Renter Occupied HU | 8,146 (44.7%) |
| Vacant Housing Units | 1,429 ( 7.8%) |
| Median Home Value | $615,146 |
| Average Home Value | $660,681 |
Housing Distribution
Address Breakdown
Residential
16,566
Single Family
14,660
Multi-Family
1,906
Businesses
924
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Listed by: Darin Thomas • Real Broker, LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2101728
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-12-18 02:42:18 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](/mls-disclaimers/#319)