3366 S 700 ESouth Salt LakeUT84106
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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 South Salt Lake at 3366 S 700 E, South Salt Lake, UT, 84106 earns from $2,315/mo rent with a $3,524/mo payment. Total monthly income totals $2,315/mo. ROI tracks 10.41% on current figures, and rental yield reads 3.86% at a $720,000 purchase. Equity gained on principal adds $4,646/yr, and 5% annual appreciation supports $198,923 over five years. Five-year ROI reaches 51.43% and total cumulative return in cash sums $121,831. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,315/mo property income instead of your personal income.
Multi Family
Built in 1960
7,840 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: Shantell Douros • Equity Real Estate (Results)
Mls Name: UtahRealEstate.com
Mls ID: #2121046