2233 S 500 E APT 111Salt 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 111, Salt Lake City, UT, 84106 uses $160,778 cash to close to unlock $3,314/yr annual cash flow and $276/mo monthly cash flow. Total monthly income runs $3,269/mo, and a $2,374/mo payment keeps the spread at $276/mo. Purchase price stands at $485,000, and rental yield measures 8.09% with $3,269/mo rent. Return on cash invested shows 21.97% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 113.88% and total cumulative return in cash records $183,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,269/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Townhouse
Built in 2001
435 sqft lot
$N/A/sqft
$150 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A