512 N Walton Dr WNorth Salt LakeUT84054
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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
Rental property for sale in North Salt Lake at 512 N Walton Dr W, North Salt Lake, UT, 84054 generates $2,669/mo in rent and, after a $1,738/mo payment, leaves $588/mo in cash flow. Total monthly income is $2,669/mo, and annual cash flow is $7,054/yr on $117,683 invested. Return on cash invested sits at 25.9% in year one, and rental yield is 9.02% on a $355,000 entry. Equity gained on principal adds $2,291/yr, while 5% annual appreciation builds toward $98,080 over five years. Five-year ROI reaches 134.55% and total cumulative return in cash sums $158,340. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,669/mo property income rather than buyer’s personal income.
Townhouse
Built in 2006
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84054, North Salt Lake, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,857 (100%) |
| Owner Occupied HU | 5,223 (66.5%) |
| Renter Occupied HU | 2,376 (30.2%) |
| Vacant Housing Units | 258 ( 3.3%) |
| Median Home Value | $594,821 |
| Average Home Value | $625,380 |
Housing Distribution
Address Breakdown
Residential
7,936
Single Family
7,930
Multi-Family
6
Businesses
838
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Listed by: Cody J. Ostler • Coldwell Banker Realty (Provo-Orem-Sundance)
Mls Name: UtahRealEstate.com
Mls ID: #2125238