4240 Monarch WaySalt 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
Investment property for sale in Salt Lake City at 4240 Monarch Way, Salt Lake City, UT, 84124 uses $203,947 cash to close to unlock $16,497/yr annual cash flow and $1,375/mo monthly cash flow. Total monthly income runs $5,008/mo, and a $3,034/mo payment keeps the spread at $1,375/mo. Purchase price stands at $619,900, and rental yield measures 9.69% with $5,008/mo rent. Return on cash invested shows 28.15% in year one, and 5% annual appreciation builds toward $171,267 over five years. Five-year ROI reaches 146.56% and total cumulative return in cash records $298,904. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,008/mo property income covering a $3,034/mo payment rather than investor’s personal income.
Single Family
Built in 1959
8,712 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: Jeff Walker • Plumb & Company Realtors LLP
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2093967
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-06-21 11:00:12 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](/mls-disclaimers/#319)