3929 S Warbler St #193Salt Lake CityUT84123
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 3929 S Warbler St #193, Salt Lake City, UT, 84123 uses $39,780 cash to close to unlock $2,604/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $2,020/mo, and a $587/mo payment keeps the spread at $217/mo. Purchase price stands at $120,000, and rental yield measures 20.2% with $2,020/mo rent. Return on cash invested shows 26.45% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 149.55% and total cumulative return in cash records $59,491. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,020/mo property income covering a $587/mo payment rather than investor’s personal income.
Manufactured
Built in 1995
N/A lot
$N/A/sqft
$1,100 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84123, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,950 (100%) |
| Owner Occupied HU | 8,731 (58.4%) |
| Renter Occupied HU | 5,774 (38.6%) |
| Vacant Housing Units | 445 ( 3.0%) |
| Median Home Value | $524,663 |
| Average Home Value | $512,546 |
Housing Distribution
Address Breakdown
Residential
15,171
Single Family
11,598
Multi-Family
3,573
Businesses
858
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angelina Mertlich • Realtypath LLC (Elite)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2000482
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-16 03:10:30 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)