4956 S 975 ESalt Lake CityUT84117
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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 4956 S 975 E, Salt Lake City, UT, 84117 offers a 7.99% rental yield on a $580,000 purchase with $3,860/mo rent. Total monthly income registers $3,860/mo, and a $2,839/mo payment leaves $460/mo available for distribution. Annual cash flow reaches $5,524/yr on $190,820 to close, and return on cash invested stands at 22.96% in year one. Equity gained on principal adds $3,743/yr while 5% annual appreciation supports $160,243 over five years. Portfolio math shows five-year ROI at 118.72% and total cumulative return in cash at $226,545. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,860/mo property income against a $2,839/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1972
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84117, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,713 (100%) |
| Owner Occupied HU | 6,830 (58.3%) |
| Renter Occupied HU | 4,124 (35.2%) |
| Vacant Housing Units | 759 ( 6.5%) |
| Median Home Value | $708,777 |
| Average Home Value | $823,925 |
Housing Distribution
Address Breakdown
Residential
11,010
Single Family
8,354
Multi-Family
2,656
Businesses
1,171
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Listed by: Leigh Anne Bernal • Homeworks Property Lab, LLC
Mls Name: UtahRealEstate.com
Mls ID: #2109361