2345 E Lambourne AveMillcreekUT84109
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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
Investment property for sale in Millcreek at 2345 E Lambourne Ave, Millcreek, UT, 84109 earns from $6,286/mo rent with a $7,898/mo payment. Total monthly income totals $6,286/mo. ROI tracks 13.09% on current figures, and rental yield reads 4.67% at a $1,613,600 purchase. Equity gained on principal adds $10,412/yr, and 5% annual appreciation supports $445,808 over five years. Five-year ROI reaches 65.74% and total cumulative return in cash sums $343,681. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,286/mo property income instead of your personal income.
Single Family
Built in 2013
0.32 Acres 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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