268 S State St APT 411Salt Lake CityUT84111
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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 Salt Lake City at 268 S State St APT 411, Salt Lake City, UT, 84111 listed at $802,800 pairs $3,576/mo rent with a $3,929/mo payment. Total monthly income runs $3,576/mo. Return on cash invested measures 14.93% in year one, and rental yield registers 5.35% at a $802,800 basis. Equity gained on principal adds $5,180/yr, and annual property appreciation at 5% supports $221,799 by year five. Five-year ROI tracks 75.67% and total cumulative return in cash totals $199,871. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,576/mo property income relative to a $3,929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Apartment
Built in N/A
N/A lot
$N/A/sqft
No 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A