44 W Broadway APT 704Salt Lake CityUT84101
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
Total monthly income runs $2,209/mo, and a $2,154/mo payment. Purchase price stands at $440,000, and rental yield measures 6.02% with $2,209/mo rent. Return on cash invested shows 16.86% in year one, and 5% annual appreciation builds toward $121,564 over five years. Five-year ROI reaches 86.07% and total cumulative return in cash records $125,542. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,209/mo property income covering a $2,154/mo payment rather than investor’s personal income.
Condo
Built in 1982
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84101, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,701 (100%) |
| Owner Occupied HU | 799 ( 9.2%) |
| Renter Occupied HU | 6,105 (70.2%) |
| Vacant Housing Units | 1,797 (20.7%) |
| Median Home Value | $623,219 |
| Average Home Value | $658,016 |
Housing Distribution
Address Breakdown
Residential
7,262
Single Family
3,046
Multi-Family
4,216
Businesses
1,250
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Babb • Equity Real Estate (Advantage)
Mls Name: UtahRealEstate.com
Mls ID: #2107781