3973 S 2700 E #2Salt Lake CityUT84124
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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
Total monthly income runs $2,785/mo, and a $3,891/mo payment. Purchase price stands at $795,000, and rental yield measures 4.2% with $2,785/mo rent. Return on cash invested shows 11.46% in year one, and 5% annual appreciation builds toward $219,644 over five years. Five-year ROI reaches 57.07% and total cumulative return in cash records $149,266. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,785/mo property income covering a $3,891/mo payment rather than investor’s personal income.
Multi Family
Built in 1964
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84124, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,584 (100%) |
| Owner Occupied HU | 5,990 (69.8%) |
| Renter Occupied HU | 2,179 (25.4%) |
| Vacant Housing Units | 415 ( 4.8%) |
| Median Home Value | $815,928 |
| Average Home Value | $897,025 |
Housing Distribution
Address Breakdown
Residential
8,362
Single Family
7,468
Multi-Family
894
Businesses
444
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Listed by: David Glauser • Utah Select Realty PC
Mls Name: UtahRealEstate.com
Mls ID: #2111120