230 E Broadway St S #1108Salt Lake CityUT84111
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 230 E Broadway St S #1108, Salt Lake City, UT, 84111 earns $1,008/mo cash flow from $3,394/mo rent with a $1,738/mo payment. Total monthly income totals $3,394/mo, and annual cash flow totals $12,094/yr on $117,683 capital. ROI tracks 30.19% on current figures, and rental yield reads 11.47% at a $355,000 purchase. Equity gained on principal adds $2,291/yr, and 5% annual appreciation supports $98,080 over five years. Five-year ROI reaches 158.65% and total cumulative return in cash sums $186,708. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,394/mo property income instead of your personal income.
Condo
Built in 1985
435.60 sqft lot
$N/A/sqft
$305 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84111, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,746 (100%) |
| Owner Occupied HU | 1,668 (17.1%) |
| Renter Occupied HU | 6,554 (67.2%) |
| Vacant Housing Units | 1,524 (15.6%) |
| Median Home Value | $588,441 |
| Average Home Value | $645,159 |
Housing Distribution
Address Breakdown
Residential
8,957
Single Family
3,984
Multi-Family
4,973
Businesses
1,338
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Listed by: Jarad Winterton • Fresh and New Real Estate
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2095055
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-06-30 11:56:33 PDT. 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)