3729 S Luchars LnSalt Lake CityUT84115
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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 3729 S Luchars Ln, Salt Lake City, UT, 84115 uses $134,258 cash to close to unlock $4,434/yr annual cash flow and $370/mo monthly cash flow. Total monthly income runs $2,743/mo, and a $1,982/mo payment keeps the spread at $370/mo. Purchase price stands at $405,000, and rental yield measures 8.13% with $2,743/mo rent. Return on cash invested shows 23.21% in year one, and 5% annual appreciation builds toward $111,894 over five years. Five-year ROI reaches 120.13% and total cumulative return in cash records $161,282. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,743/mo property income covering a $1,982/mo payment rather than investor’s personal income.
Townhouse
Built in 2007
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84115, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,667 (100%) |
| Owner Occupied HU | 4,526 (30.9%) |
| Renter Occupied HU | 9,047 (61.7%) |
| Vacant Housing Units | 1,094 ( 7.5%) |
| Median Home Value | $478,696 |
| Average Home Value | $539,935 |
Housing Distribution
Address Breakdown
Residential
13,505
Single Family
10,696
Multi-Family
2,809
Businesses
2,227
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Listed by: Vickie J Bischoff • Berkshire Hathaway HomeServices Elite Real Estate
Mls Name: UtahRealEstate.com
Mls ID: #2126570