48 W 300 S APT 903Salt Lake CityUT84101
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 48 W 300 S APT 903, Salt Lake City, UT, 84101 in Salt Lake City at $483,600 earns $2,922/mo in rent and nets $88/mo after the $2,175/mo payment, a 7.25% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $133,610 over five years. Ziffy Mortgage underwrites this on a 1.34 DSCR without U.S. credit history. With $4,454/yr in principal paydown, total projected return reaches $188,310.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 5.1% |
| Monthly Cash Flow | $88 | $1,850 |
City averages based on Salt Lake City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,922 |
| Total Monthly Debt Service | $2,642 |
| DSCR Ratio | 1.11x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Apartment
Built in N/A
N/A 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
Apartment
Built in N/A
N/A 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: Zillow Rentals
Mls ID: #N/A