3669 S 860 E APT 29Salt Lake CityUT84106
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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 3669 S 860 E APT 29, Salt Lake City, UT, 84106 earns $265/mo cash flow from $2,111/mo rent with a $1,542/mo payment. Total monthly income totals $2,111/mo, and annual cash flow totals $3,174/yr on $104,423 capital. ROI tracks 22.95% on current figures, and rental yield reads 8.04% at a $315,000 purchase. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 over five years. Five-year ROI reaches 118.73% and total cumulative return in cash sums $123,977. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,111/mo property income instead of your personal income.
Condo
Built in 1962
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84106, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,216 (100%) |
| Owner Occupied HU | 8,641 (47.4%) |
| Renter Occupied HU | 8,146 (44.7%) |
| Vacant Housing Units | 1,429 ( 7.8%) |
| Median Home Value | $615,146 |
| Average Home Value | $660,681 |
Housing Distribution
Address Breakdown
Residential
16,566
Single Family
14,660
Multi-Family
1,906
Businesses
924
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Listed by: Scott Simpson • Summit Sotheby's International Realty
Mls Name: UtahRealEstate.com
Mls ID: #2104559