6301 S Madrid StSalt Lake CityUT84121
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
Rental property for sale in Salt Lake City at 6301 S Madrid St, Salt Lake City, UT, 84121 generates $3,109/mo in rent, after a $2,692/mo payment. Total monthly income is $3,109/mo. Return on cash invested sits at 19.3% in year one, and rental yield is 6.78% on a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 99.12% and total cumulative return in cash sums $179,362. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,109/mo property income rather than buyer’s personal income.
Townhouse
Built in 1973
435.60 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jim Wu • Coldwell Banker Realty (Union Heights)
Mls Name: UtahRealEstate.com
Mls ID: #2132913