3385 W Florlita AveWest Valley CityUT84119
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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 West Valley City at 3385 W Florlita Ave, West Valley City, UT, 84119 listed at $485,000 pairs $3,128/mo rent with a $2,374/mo payment to leave $285/mo cash flow. Total monthly income runs $3,128/mo, and annual cash flow reaches $3,422/yr on $160,778 cash to close. Return on cash invested measures 22.04% in year one, and rental yield registers 7.74% at a $485,000 basis. Equity gained on principal adds $3,130/yr, and annual property appreciation at 5% supports $133,997 by year five. Five-year ROI tracks 113.84% and total cumulative return in cash totals $183,026. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,128/mo property income relative to a $2,374/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1963
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84119, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,618 (100%) |
| Owner Occupied HU | 9,146 (46.6%) |
| Renter Occupied HU | 9,500 (48.4%) |
| Vacant Housing Units | 972 ( 5.0%) |
| Median Home Value | $412,246 |
| Average Home Value | $421,854 |
Housing Distribution
Address Breakdown
Residential
17,687
Single Family
14,006
Multi-Family
3,681
Businesses
1,892
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Listed by: Graham Allen • Real Broker, LLC
Mls Name: UtahRealEstate.com
Mls ID: #2096139