4710 S 700 E APT 22MurrayUT84107
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
Rental property for sale in Murray at 4710 S 700 E APT 22, Murray, UT, 84107 generates $1,970/mo in rent and, after a $1,311/mo payment, leaves $170/mo in cash flow. Total monthly income is $1,970/mo, and annual cash flow is $2,040/yr on $88,809 invested. Return on cash invested sits at 22.21% in year one, and rental yield is 8.82% on a $267,900 entry. Equity gained on principal adds $1,729/yr, while 5% annual appreciation builds toward $74,016 over five years. Five-year ROI reaches 115.91% and total cumulative return in cash sums $102,938. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,970/mo property income rather than buyer’s personal income.
Condo
Built in 1977
435.60 sqft lot
$N/A/sqft
$230 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84107, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,549
Single Family
11,707
Multi-Family
4,842
Businesses
2,220
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Listed by: Jason West • Century 21 Everest
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2054749
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-02-19 17:52:24 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)