609 Parkway DrNorth Salt LakeUT84054
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Salt Lake at 609 Parkway Dr, North Salt Lake, UT, 84054 at $1,250,000 posts ROI 10.73% with from $4,072/mo rent. Total monthly income equals $4,072/mo. Return on cash invested measures 10.73% and rental yield reads 3.91% at the current $1,250,000. Equity gained on principal adds $8,066/yr, and 5% annual appreciation supports $345,352 by year five. Five-year ROI prints 53.07% and total cumulative return in cash totals $214,933. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,072/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84054, North Salt Lake, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,857 (100%) |
| Owner Occupied HU | 5,223 (66.5%) |
| Renter Occupied HU | 2,376 (30.2%) |
| Vacant Housing Units | 258 ( 3.3%) |
| Median Home Value | $594,821 |
| Average Home Value | $625,380 |
Housing Distribution
Address Breakdown
Residential
7,936
Single Family
7,930
Multi-Family
6
Businesses
838
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A