3860 S McCall St E #3CSalt Lake CityUT84115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 3860 S McCall St E #3C, Salt Lake City, UT, 84115 listed at $313,000 pairs $2,142/mo rent with a $1,532/mo payment to leave $307/mo cash flow. Total monthly income runs $2,142/mo, and annual cash flow reaches $3,689/yr on $103,760 cash to close. Return on cash invested measures 23.46% in year one, and rental yield registers 8.21% at a $313,000 basis. Equity gained on principal adds $2,020/yr, and annual property appreciation at 5% supports $86,476 by year five. Five-year ROI tracks 121.51% and total cumulative return in cash totals $126,073. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,142/mo property income relative to a $1,532/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1998
435.60 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Juan Magana • Windermere Real Estate
Mls Name: UtahRealEstate.com
Mls ID: #2083401