450 E Sego 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
Rental property for sale in Salt Lake City at 450 E Sego Ave, Salt Lake City, UT, 84111 generates $2,761/mo in rent and, after a $1,561/mo payment, leaves $892/mo in cash flow. Total monthly income is $2,761/mo, and annual cash flow is $10,700/yr on $105,749 invested. Return on cash invested sits at 30.03% in year one, and rental yield is 10.39% on a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 156.68% and total cumulative return in cash sums $165,685. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,761/mo property income rather than buyer’s personal income.
Single Family
Built in 1891
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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Listed by: Daniel Moench • Century 21 Everest
Mls Name: UtahRealEstate.com
Mls ID: #2125130