3662 E Oakview DrSalt 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
Investment property for sale in Salt Lake City at 3662 E Oakview Dr, Salt Lake City, UT, 84124 listed at $1,399,999 pairs $5,288/mo rent with a $6,852/mo payment. Total monthly income runs $5,288/mo. Return on cash invested measures 12.65% in year one, and rental yield registers 4.53% at a $1,399,999 basis. Equity gained on principal adds $9,034/yr, and annual property appreciation at 5% supports $386,794 by year five. Five-year ROI tracks 63.39% and total cumulative return in cash totals $287,527. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,288/mo property income relative to a $6,852/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
8,276 sqft 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: Zula Mungunzul Balchinpurev • KW South Valley Keller Williams
Mls Name: UtahRealEstate.com
Mls ID: #2105229