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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Millcreek at 4247 S 615 E, Millcreek, UT, 84107 generates $2,987/mo in rent and, after a $2,325/mo payment, leaves $203/mo in cash flow. Total monthly income is $2,987/mo, and annual cash flow is $2,434/yr on $157,463 invested. Return on cash invested sits at 21.45% in year one, and rental yield is 7.55% on a $475,000 entry. Equity gained on principal adds $3,065/yr, while 5% annual appreciation builds toward $131,234 over five years. Five-year ROI reaches 110.7% and total cumulative return in cash sums $174,319. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,987/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 84107, Salt Lake City, UT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,789 (100%) |
| Owner Occupied HU | 7,299 (38.8%) |
| Renter Occupied HU | 10,112 (53.8%) |
| Vacant Housing Units | 1,378 ( 7.3%) |
| Median Home Value | $561,327 |
| Average Home Value | $606,922 |
Residential
16,549
Single Family
11,707
Multi-Family
4,842
Businesses
2,220
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Mariah Gee • KW Utah Realtors Keller Williams
Mls Name: UtahRealEstate.com
Mls ID: #2117790
