515 E Hawthorne AveSalt Lake CityUT84102
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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 515 E Hawthorne Ave, Salt Lake City, UT, 84102 with 5% annual appreciation on a $457,000 basis while $2,359/mo rent supports operations. 38% in year one. Equity gained on principal adds $2,949/yr, and five-year appreciation sums $126,261 alongside rental yield of 6.19%. Five-year ROI measures 88.85% and total cumulative return in cash totals $134,599. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,359/mo property income versus a $2,237/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1914
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84102, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,935 (100%) |
| Owner Occupied HU | 2,027 (18.5%) |
| Renter Occupied HU | 7,757 (70.9%) |
| Vacant Housing Units | 1,151 (10.5%) |
| Median Home Value | $643,910 |
| Average Home Value | $708,535 |
Housing Distribution
Address Breakdown
Residential
9,985
Single Family
4,472
Multi-Family
5,513
Businesses
688
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Listed by: Kim Dixon • Berkshire Hathaway HomeServices Utah Properties (Salt Lake)
Mls Name: UtahRealEstate.com
Mls ID: #2125558