3640 E Aurora CirSalt Lake CityUT84124
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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 3640 E Aurora Cir, Salt Lake City, UT, 84124 offers $3,605/mo rent that, after a $5,017/mo payment. Total monthly income is $3,605/mo. Return on cash invested measures 11.69% in year one, and rental yield stands at 4.22% at a $1,025,000 entry. Equity gained on principal adds $6,614/yr while 5% annual appreciation compounds into $283,189 by year five. Five-year ROI records 58.23% and total cumulative return in cash reaches $193,372. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,605/mo property income versus a $5,017/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84124, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,584 (100%) |
| Owner Occupied HU | 5,990 (69.8%) |
| Renter Occupied HU | 2,179 (25.4%) |
| Vacant Housing Units | 415 ( 4.8%) |
| Median Home Value | $815,928 |
| Average Home Value | $897,025 |
Housing Distribution
Address Breakdown
Residential
8,362
Single Family
7,468
Multi-Family
894
Businesses
444
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Listed by: Jessica Hulse • EXP Realty, LLC
Mls Name: UtahRealEstate.com
Mls ID: #2108280