5514 W Planada Way SSalt Lake CityUT84118
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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 Salt Lake City at 5514 W Planada Way S, Salt Lake City, UT, 84118 generates $2,782/mo in rent and, after a $1,957/mo payment, leaves $438/mo in cash flow. Total monthly income is $2,782/mo, and annual cash flow is $5,261/yr on $132,567 invested. Return on cash invested sits at 23.88% in year one, and rental yield is 8.35% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 123.69% and total cumulative return in cash sums $163,976. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,782/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
7,405 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
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Listed by: Babs De Lay • Urban Utah Homes & Estates, LLC
Mls Name: UtahRealEstate.com
Mls ID: #2133854