464 N Grant StSalt Lake CityUT84116
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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 464 N Grant St, Salt Lake City, UT, 84116 uses $124,313 cash to close to unlock $4,170/yr annual cash flow and $348/mo monthly cash flow. Total monthly income runs $2,545/mo, and a $1,835/mo payment keeps the spread at $348/mo. Purchase price stands at $375,000, and rental yield measures 8.14% with $2,545/mo rent. Return on cash invested shows 23.26% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 120.41% and total cumulative return in cash records $149,679. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,545/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Single Family
Built in 1961
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84116, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,130 (100%) |
| Owner Occupied HU | 5,784 (40.9%) |
| Renter Occupied HU | 7,445 (52.7%) |
| Vacant Housing Units | 901 ( 6.4%) |
| Median Home Value | $441,716 |
| Average Home Value | $517,399 |
Housing Distribution
Address Breakdown
Residential
12,518
Single Family
9,353
Multi-Family
3,165
Businesses
888
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Listed by: Jennifer Salazar • Fathom Realty (Union Park)
Mls Name: UtahRealEstate.com
Mls ID: #2093922