558 N Redwood Rd #14Salt Lake CityUT84116
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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 558 N Redwood Rd #14, Salt Lake City, UT, 84116 listed at $320,000 pairs $2,233/mo rent with a $1,566/mo payment to leave $358/mo cash flow. Total monthly income runs $2,233/mo, and annual cash flow reaches $4,292/yr on $106,080 cash to close. Return on cash invested measures 23.96% in year one, and rental yield registers 8.37% at a $320,000 basis. Equity gained on principal adds $2,065/yr, and annual property appreciation at 5% supports $88,410 by year five. Five-year ROI tracks 124.11% and total cumulative return in cash totals $131,655. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,233/mo property income relative to a $1,566/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Townhouse
Built in 1992
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84116, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,130 (100%) |
| Owner Occupied HU | 5,784 (40.9%) |
| Renter Occupied HU | 7,445 (52.7%) |
| Vacant Housing Units | 901 ( 6.4%) |
| Median Home Value | $441,716 |
| Average Home Value | $517,399 |
Housing Distribution
Address Breakdown
Residential
12,518
Single Family
9,353
Multi-Family
3,165
Businesses
888
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Listed by: Nathan Alvey • Equity Real Estate (Select)
Mls Name: UtahRealEstate.com
Mls ID: #2123174