341 E Edgemont Dr SNorth Salt LakeUT84054
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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 North Salt Lake at 341 E Edgemont Dr S, North Salt Lake, UT, 84054 listed at $695,000 pairs $2,826/mo rent with a $3,402/mo payment. Total monthly income runs $2,826/mo. Return on cash invested measures 13.51% in year one, and rental yield registers 4.88% at a $695,000 basis. Equity gained on principal adds $4,485/yr, and annual property appreciation at 5% supports $192,016 by year five. Five-year ROI tracks 68.08% and total cumulative return in cash totals $155,670. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,826/mo property income relative to a $3,402/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 2005
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84054, North Salt Lake, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,857 (100%) |
| Owner Occupied HU | 5,223 (66.5%) |
| Renter Occupied HU | 2,376 (30.2%) |
| Vacant Housing Units | 258 ( 3.3%) |
| Median Home Value | $594,821 |
| Average Home Value | $625,380 |
Housing Distribution
Address Breakdown
Residential
7,936
Single Family
7,930
Multi-Family
6
Businesses
838
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Listed by: R. Mark Rogers • Marval Realty Group
Mls Name: UtahRealEstate.com
Mls ID: #2129754