556 S Standel DrSalt Lake CityUT84108
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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 556 S Standel Dr, Salt Lake City, UT, 84108 generates $4,531/mo in rent and, after a $3,671/mo payment, leaves $135/mo in cash flow. Total monthly income is $4,531/mo, and annual cash flow is $1,620/yr on $246,750 invested. Return on cash invested sits at 20.72% in year one, and rental yield is 7.25% on a $750,000 entry. Equity gained on principal adds $4,840/yr, while 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 106.7% and total cumulative return in cash sums $263,286. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,531/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84108, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,456 (100%) |
| Owner Occupied HU | 5,451 (57.6%) |
| Renter Occupied HU | 3,182 (33.7%) |
| Vacant Housing Units | 823 ( 8.7%) |
| Median Home Value | $855,613 |
| Average Home Value | $937,808 |
Housing Distribution
Address Breakdown
Residential
8,133
Single Family
7,547
Multi-Family
586
Businesses
299
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Listed by: Cori Vanderbeek • Intermountain Properties
Mls Name: UtahRealEstate.com
Mls ID: #2109074