35 E 100 S APT 507Salt 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
Investment property for sale in Salt Lake City at 35 E 100 S APT 507, Salt Lake City, UT, 84111 offers a 4.02% rental yield on a $881,200 purchase with $2,950/mo rent. 41% in year one. Equity gained on principal adds $5,686/yr while 5% annual appreciation supports $243,459 over five years. Portfolio math shows five-year ROI at 46.62% and total cumulative return in cash at $135,169. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,950/mo property income against a $4,313/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2011
435 sqft lot
$N/A/sqft
$358 monthly 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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