5976 S Monte Carlo Dr E, Salt Lake City, UT, 84121 | $18/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5976 S Monte Carlo Dr E, Salt Lake City, UT, 84121 | $18/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Salt Lake City at 5976 S Monte Carlo Dr E, Salt Lake City, UT, 84121 listed at $475,000 pairs $2,802/mo rent with a $2,325/mo payment to leave $18/mo cash flow. Total monthly income runs $2,802/mo, and annual cash flow reaches $214/yr on $157,463 cash to close. Return on cash invested measures 20.04% in year one, and rental yield registers 7.08% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 103.14% and total cumulative return in cash totals $162,403. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,802/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1971

435.60 sqft lot

$N/A/sqft

No HOA

More details about the property

*** Welcome to 5976 Monte Carlo Drive, a rare rambler-style home offering single-level living and an unbeatable east-side Salt Lake location. Step inside to find a bright, open layout featuring new carpet, stainless steel appliances, and granite countertops that complement the upgraded kitchen and baths. Enjoy thoughtful touches throughout, including a fireplace, primary ensuite, and keyless garage entry with built-in storage. The fully fenced backyard feels private and peaceful - perfect for quiet evenings or weekend gatherings - complete with a covered awning for shade and comfort. The location is ideal - just 10 minutes from Big Cottonwood Canyon and 4 minutes to I-215, giving you quick access to anywhere in the valley. You're close to local restaurants, Cottonwood Country Club, parks, and thriving business districts. Whether you're an outdoor enthusiast, family or pet lover, or simply seeking a peaceful haven with space to grow, this home is sure to captivate your heart.