2953 E Banbury Rd SSalt Lake CityUT84121
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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 2953 E Banbury Rd S, Salt Lake City, UT, 84121 uses $236,880 cash to close to unlock $6,960/yr annual cash flow and $580/mo monthly cash flow. Total monthly income runs $4,800/mo, and a $3,524/mo payment keeps the spread at $580/mo. Purchase price stands at $720,000, and rental yield measures 8% with $4,800/mo rent. Return on cash invested shows 23% in year one, and 5% annual appreciation builds toward $198,923 over five years. Five-year ROI reaches 118.93% and total cumulative return in cash records $281,731. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,800/mo property income covering a $3,524/mo payment rather than investor’s personal income.
Single Family
Built in 1968
8,276 sqft lot
$N/A/sqft
No HOA
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Listed by: Jeff Justice • Summit Sotheby's International Realty
Mls Name: UtahRealEstate.com
Mls ID: #2108950