32 W 1700 S #S-A-1Salt Lake CityUT84115
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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 32 W 1700 S #S-A-1, Salt Lake City, UT, 84115 uses $137,573 cash to close to unlock $478/yr annual cash flow and $40/mo monthly cash flow. Total monthly income runs $2,701/mo, and a $2,031/mo payment keeps the spread at $40/mo. Purchase price stands at $415,000, and rental yield measures 7.81% with $2,701/mo rent. Return on cash invested shows 20.26% in year one, and 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 104.99% and total cumulative return in cash records $144,441. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,701/mo property income covering a $2,031/mo payment rather than investor’s personal income.
Condo
Built in 2020
435.60 sqft lot
$N/A/sqft
$229 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84115, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,667 (100%) |
| Owner Occupied HU | 4,526 (30.9%) |
| Renter Occupied HU | 9,047 (61.7%) |
| Vacant Housing Units | 1,094 ( 7.5%) |
| Median Home Value | $478,696 |
| Average Home Value | $539,935 |
Housing Distribution
Address Breakdown
Residential
13,505
Single Family
10,696
Multi-Family
2,809
Businesses
2,227
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Listed by: Greg A Preston • Real Broker, LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2113406
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-12-20 03:22:19 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#319)