331 E Hampton Ave SSalt Lake CityUT84111
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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
Rental property for sale in Salt Lake City at 331 E Hampton Ave S, Salt Lake City, UT, 84111 priced at $465,000 pairs $2,750/mo rent with $25/mo cash flow after a $2,276/mo payment. Total monthly income equals $2,750/mo, and annual cash flow comes to $294/yr on $154,148 invested. Return on cash invested is 20.1% in year one, and rental yield stands at 7.1% on a $465,000 basis. Equity gained on principal adds $3,001/yr, and 5% annual appreciation accumulates to $128,471 by year five. Five-year ROI measures 103.44% and total cumulative return in cash reaches $159,455. For financing, Ziffy Mortgage’s DSCR program evaluates $2,750/mo property income against a $2,276/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1892
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84111, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,746 (100%) |
| Owner Occupied HU | 1,668 (17.1%) |
| Renter Occupied HU | 6,554 (67.2%) |
| Vacant Housing Units | 1,524 (15.6%) |
| Median Home Value | $588,441 |
| Average Home Value | $645,159 |
Housing Distribution
Address Breakdown
Residential
8,957
Single Family
3,984
Multi-Family
4,973
Businesses
1,338
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Listed by: Michele Haley • Urban Utah Homes & Estates, LLC
Mls Name: UtahRealEstate.com
Mls ID: #2090825