4923 W Silvertip DrSalt Lake CityUT84118
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderInvestors who value predictability will appreciate 4923 W Silvertip Dr, Salt Lake City, UT, 84118 in Salt Lake City. At $523,000 it earns $3,364/mo in rent and distributes $298/mo to the owner after the $2,352/mo payment, a consistent 7.72% yield. DSCR 1.43 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $144,495 in value; $4,817/yr in principal paydown compounds ownership stake. Total projected return: $216,800.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.7% | 5.1% |
| Monthly Cash Flow | $298 | $1,850 |
City averages based on Salt Lake City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,364 |
| Total Monthly Debt Service | $2,857 |
| DSCR Ratio | 1.18x |
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.
Single Family
Built in 1986
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84118, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,572 (100%) |
| Owner Occupied HU | 9,415 (81.4%) |
| Renter Occupied HU | 2,004 (17.3%) |
| Vacant Housing Units | 153 ( 1.3%) |
| Median Home Value | $438,290 |
| Average Home Value | $507,730 |
Housing Distribution
Address Breakdown
Residential
11,330
Single Family
11,230
Multi-Family
100
Businesses
309
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
Single Family
Built in 1986
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84118, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,572 (100%) |
| Owner Occupied HU | 9,415 (81.4%) |
| Renter Occupied HU | 2,004 (17.3%) |
| Vacant Housing Units | 153 ( 1.3%) |
| Median Home Value | $438,290 |
| Average Home Value | $507,730 |
Housing Distribution
Address Breakdown
Residential
11,330
Single Family
11,230
Multi-Family
100
Businesses
309
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Taryn Wright • Realtypath LLC (Platinum)
Mls Name: UtahRealEstate.com
Mls ID: #2110130