45 E Kelsey AveSalt 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 45 E Kelsey Ave, Salt Lake City, UT, 84111 offers a 9.44% rental yield on a $244,600 purchase with $1,924/mo rent. Total monthly income registers $1,924/mo, and a $1,197/mo payment leaves $491/mo available for distribution. Annual cash flow reaches $5,887/yr on $81,085 to close, and return on cash invested stands at 27.17% in year one. Equity gained on principal adds $1,578/yr while 5% annual appreciation supports $67,578 over five years. Portfolio math shows five-year ROI at 141.36% and total cumulative return in cash at $114,619. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,924/mo property income against a $1,197/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1921
3,920 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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