617 E Driggs AveSalt Lake CityUT84106
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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 Salt Lake City at 617 E Driggs Ave, Salt Lake City, UT, 84106 at $650,000 posts ROI 16.6% with from $3,192/mo rent. Total monthly income equals $3,192/mo. Return on cash invested measures 16.6% and rental yield reads 5.89% at the current $650,000. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,583 by year five. Five-year ROI prints 84.61% and total cumulative return in cash totals $180,938. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,192/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1917
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84106, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,216 (100%) |
| Owner Occupied HU | 8,641 (47.4%) |
| Renter Occupied HU | 8,146 (44.7%) |
| Vacant Housing Units | 1,429 ( 7.8%) |
| Median Home Value | $615,146 |
| Average Home Value | $660,681 |
Housing Distribution
Address Breakdown
Residential
16,566
Single Family
14,660
Multi-Family
1,906
Businesses
924
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Listed by: M. Cade Hoff • One Rate Real Estate,LLC
Mls Name: UtahRealEstate.com
Mls ID: #2105809