581 Greenleaf DrSalt Lake CityUT84123
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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 581 Greenleaf Dr, Salt Lake City, UT, 84123 offers $2,640/mo rent that, after a $2,247/mo payment. Total monthly income is $2,640/mo. Return on cash invested measures 19.51% in year one, and rental yield stands at 6.9% at a $459,000 entry. Equity gained on principal adds $2,962/yr while 5% annual appreciation compounds into $126,813 by year five. Five-year ROI records 100.28% and total cumulative return in cash reaches $152,579. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,640/mo property income versus a $2,247/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84123, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,950 (100%) |
| Owner Occupied HU | 8,731 (58.4%) |
| Renter Occupied HU | 5,774 (38.6%) |
| Vacant Housing Units | 445 ( 3.0%) |
| Median Home Value | $524,663 |
| Average Home Value | $512,546 |
Housing Distribution
Address Breakdown
Residential
15,171
Single Family
11,598
Multi-Family
3,573
Businesses
858
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Listed by: Justin Lang • Wellspring Realty LLC
Mls Name: UtahRealEstate.com
Mls ID: #2129514