2840 S Dearborn StSalt Lake CityUT84106
Nearby investment properties with comparable rents
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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 2840 S Dearborn St, Salt Lake City, UT, 84106 earns $355/mo cash flow from $5,038/mo rent with a $3,911/mo payment. Total monthly income totals $5,038/mo, and annual cash flow totals $4,256/yr on $262,871 capital. ROI tracks 21.68% on current figures, and rental yield reads 7.57% at a $799,000 purchase. Equity gained on principal adds $5,156/yr, and 5% annual appreciation supports $220,749 over five years. Five-year ROI reaches 111.87% and total cumulative return in cash sums $294,066. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $5,038/mo property income instead of your personal income.
Single Family
Built in 1940
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84106, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,216 (100%) |
| Owner Occupied HU | 8,641 (47.4%) |
| Renter Occupied HU | 8,146 (44.7%) |
| Vacant Housing Units | 1,429 ( 7.8%) |
| Median Home Value | $615,146 |
| Average Home Value | $660,681 |
Housing Distribution
Address Breakdown
Residential
16,566
Single Family
14,660
Multi-Family
1,906
Businesses
924
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Listed by: Lindsey Van • KW Park City Keller Williams Real Estate Heber Val
Mls Name: PCBR
Mls Provider:
Mls ID: #12301160
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