297 E 470 SSalinaUT84654
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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 Salina at 297 E 470 S, Salina, UT, 84654 offers a 10.35% rental yield on a $124,600 purchase with $1,075/mo rent. Total monthly income registers $1,075/mo, and a $610/mo payment leaves $345/mo available for distribution. Annual cash flow reaches $4,135/yr on $41,305 to close, and return on cash invested stands at 29.92% in year one. Equity gained on principal adds $804/yr while 5% annual appreciation supports $34,425 over five years. Portfolio math shows five-year ROI at 156.18% and total cumulative return in cash at $64,511. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,075/mo property income against a $610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84654, Salina, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,415 (100%) |
| Owner Occupied HU | 925 (65.4%) |
| Renter Occupied HU | 277 (19.6%) |
| Vacant Housing Units | 213 (15.1%) |
| Median Home Value | $340,612 |
| Average Home Value | $389,997 |
Housing Distribution
Address Breakdown
Residential
870
Single Family
870
Multi-Family
0
Businesses
127
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