586 N 800 WSalt 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
Rental property for sale in Salt Lake City at 586 N 800 W, Salt Lake City, UT, 84116 generates $3,068/mo in rent and, after a $2,267/mo payment, leaves $353/mo in cash flow. Total monthly income is $3,068/mo, and annual cash flow is $4,240/yr on $153,518 invested. Return on cash invested sits at 22.67% in year one, and rental yield is 7.95% on a $463,100 entry. Equity gained on principal adds $2,988/yr, while 5% annual appreciation builds toward $127,946 over five years. Five-year ROI reaches 117.24% and total cumulative return in cash sums $179,991. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,068/mo property income rather than buyer’s personal income.
Townhouse
Built in N/A
N/A 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: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A