588 E Vine St APT 1DMurrayUT84107
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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 Murray at 588 E Vine St APT 1D, Murray, UT, 84107 at $309,900 posts ROI 17.37% with from $1,909/mo rent. Total monthly income equals $1,909/mo. Return on cash invested measures 17.37% and rental yield reads 7.39% at the current $309,900. Equity gained on principal adds $2,000/yr, and 5% annual appreciation supports $85,620 by year five. Five-year ROI prints 90.13% and total cumulative return in cash totals $92,592. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,909/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1973
435.60 sqft lot
$N/A/sqft
$310 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84107, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,789 (100%) |
| Owner Occupied HU | 7,299 (38.8%) |
| Renter Occupied HU | 10,112 (53.8%) |
| Vacant Housing Units | 1,378 ( 7.3%) |
| Median Home Value | $561,327 |
| Average Home Value | $606,922 |
Housing Distribution
Address Breakdown
Residential
16,549
Single Family
11,707
Multi-Family
4,842
Businesses
2,220
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Listed by: Greg Fabiano • Dwellings Real Estate
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2064573
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-02-19 18:22:32 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)