241 N Vine 306wSalt Lake CityUT84103
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 241 N Vine 306w, Salt Lake City, UT, 84103 earns $138/mo cash flow from $2,956/mo rent with a $1,835/mo payment. Total monthly income totals $2,956/mo, and annual cash flow totals $1,650/yr on $124,313 capital. ROI tracks 21.24% on current figures, and rental yield reads 9.46% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 111.71% and total cumulative return in cash sums $138,867. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,956/mo property income instead of your personal income.
Condo
Built in 1976
435.60 sqft lot
$N/A/sqft
$621 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84103, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,360 (100%) |
| Owner Occupied HU | 5,182 (36.1%) |
| Renter Occupied HU | 7,528 (52.4%) |
| Vacant Housing Units | 1,650 (11.5%) |
| Median Home Value | $779,049 |
| Average Home Value | $884,085 |
Housing Distribution
Address Breakdown
Residential
12,795
Single Family
7,384
Multi-Family
5,411
Businesses
367
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Nearby investment properties with comparable prices
Listed by: Maria Mischon Buckley • Whiskey River Real Estate Services
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2077190
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-04-15 11:55:25 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)