48 W 300 S #2106Salt Lake CityUT84101
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing48 W 300 S #2106, Salt Lake City, UT, 84101 in Salt Lake City is a stable, well-positioned rental at $515,000. Rental yield 6.51%. DSCR 1.21 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $142,285 in value and $4,743/yr in principal paydown builds equity, a total projected return of $180,189.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.5% | 5.1% |
| Monthly Cash Flow | $(1,101) | $1,850 |
City averages based on Salt Lake City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,795 |
| Total Monthly Debt Service | $2,814 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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: N/A • N/A
Mls Name: UtahRealEstate.com
Mls ID: #2126561