381 L StSalt Lake CityUT84103
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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 381 L St, Salt Lake City, UT, 84103 at $700,000 posts ROI 15.02% with from $3,136/mo rent. Total monthly income equals $3,136/mo. Return on cash invested measures 15.02% and rental yield reads 5.38% at the current $700,000. Equity gained on principal adds $4,517/yr, and 5% annual appreciation supports $193,397 by year five. Five-year ROI prints 76.19% and total cumulative return in cash totals $175,456. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,136/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1915
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84103, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,360 (100%) |
| Owner Occupied HU | 5,182 (36.1%) |
| Renter Occupied HU | 7,528 (52.4%) |
| Vacant Housing Units | 1,650 (11.5%) |
| Median Home Value | $779,049 |
| Average Home Value | $884,085 |
Housing Distribution
Address Breakdown
Residential
12,795
Single Family
7,384
Multi-Family
5,411
Businesses
367
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Listed by: Jeff Gibbs • Plumb & Company Realtors LLP
Mls Name: UtahRealEstate.com
Mls ID: #2121196