2236 E Vimont AveSalt Lake CityUT84109
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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
Rental property for sale in Salt Lake City at 2236 E Vimont Ave, Salt Lake City, UT, 84109 generates $3,668/mo in rent, after a $4,037/mo payment. Total monthly income is $3,668/mo. Return on cash invested sits at 14.9% in year one, and rental yield is 5.34% on a $824,900 entry. Equity gained on principal adds $5,323/yr, while 5% annual appreciation builds toward $227,905 over five years. Five-year ROI reaches 75.53% and total cumulative return in cash sums $204,973. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,668/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84109, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,236 (100%) |
| Owner Occupied HU | 6,697 (72.5%) |
| Renter Occupied HU | 2,277 (24.7%) |
| Vacant Housing Units | 262 ( 2.8%) |
| Median Home Value | $788,779 |
| Average Home Value | $840,206 |
Housing Distribution
Address Breakdown
Residential
9,145
Single Family
9,019
Multi-Family
126
Businesses
707
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Listed by: Joe Reardon • KW Utah Realtors Keller Williams
Mls Name: UtahRealEstate.com
Mls ID: #2114509