629 S Concord StSalt Lake CityUT84104
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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 629 S Concord St, Salt Lake City, UT, 84104 priced at $397,500 converts $1,632/mo rent into after a $1,946/mo obligation. Total monthly income equals $1,632/mo. Return on cash invested prints 13.55% in year one, and rental yield reads 4.93% against a $397,500 entry. Equity gained on principal adds $2,565/yr, while 5% annual appreciation compiles into $109,822 by year five. Five-year ROI reaches 68.31% and total cumulative return in cash sums $90,011. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,632/mo property income covering a $1,946/mo payment, not borrower’s personal income.
Single Family
Built in 1915
5,662 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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