2726 E Wasatch Dr S #1Salt Lake CityUT84108
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
Rental property for sale in Salt Lake City at 2726 E Wasatch Dr S #1, Salt Lake City, UT, 84108 generates $3,480/mo in rent, after a $7,831/mo payment. Total monthly income is $3,480/mo. Return on cash invested sits at 6.72% in year one, and rental yield is 2.61% on a $1,600,000 entry. Equity gained on principal adds $10,325/yr, while 5% annual appreciation builds toward $442,051 over five years. Five-year ROI reaches 31.57% and total cumulative return in cash sums $163,647. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,480/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84108, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,456 (100%) |
| Owner Occupied HU | 5,451 (57.6%) |
| Renter Occupied HU | 3,182 (33.7%) |
| Vacant Housing Units | 823 ( 8.7%) |
| Median Home Value | $855,613 |
| Average Home Value | $937,808 |
Housing Distribution
Address Breakdown
Residential
8,133
Single Family
7,547
Multi-Family
586
Businesses
299
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Linda Wolcott • Summit Sotheby's International Realty
Mls Name: UtahRealEstate.com
Mls ID: #2129957