4967 S La Contessa Dr E #A029Salt 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 4967 S La Contessa Dr E #A029, Salt Lake City, UT, 84117 uses $38,123 cash to close to unlock $2,938/yr annual cash flow and $245/mo monthly cash flow. Total monthly income runs $919/mo, and a $563/mo payment keeps the spread at $245/mo. Purchase price stands at $115,000, and rental yield measures 9.59% with $919/mo rent. Return on cash invested shows 27.62% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 143.75% and total cumulative return in cash records $54,801. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $919/mo property income covering a $563/mo payment rather than investor’s personal income.
Manufactured
Built in 1990
4,356 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: William Hochstedler • Equity Real Estate (Bear River)
Mls Name: UtahRealEstate.com
Mls ID: #2128394