415 E 300 S APT 3Salt Lake CityUT84111
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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 415 E 300 S APT 3, Salt Lake City, UT, 84111 earns from $1,854/mo rent with a $1,909/mo payment. Total monthly income totals $1,854/mo. ROI tracks 15.9% on current figures, and rental yield reads 5.7% at a $390,000 purchase. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,750 over five years. Five-year ROI reaches 80.91% and total cumulative return in cash sums $104,600. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,854/mo property income instead of your personal income.
Condo
Built in 1908
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84111, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,746 (100%) |
| Owner Occupied HU | 1,668 (17.1%) |
| Renter Occupied HU | 6,554 (67.2%) |
| Vacant Housing Units | 1,524 (15.6%) |
| Median Home Value | $588,441 |
| Average Home Value | $645,159 |
Housing Distribution
Address Breakdown
Residential
8,957
Single Family
3,984
Multi-Family
4,973
Businesses
1,338
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Listed by: Luann Lakis • Windermere Real Estate
Mls Name: UtahRealEstate.com
Mls ID: #2104033