6311 S 370 EMurrayUT84107
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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 Murray at 6311 S 370 E, Murray, UT, 84107 offers a 5.57% rental yield on a $478,100 purchase with $2,218/mo rent. 49% in year one. Equity gained on principal adds $3,085/yr while 5% annual appreciation supports $132,090 over five years. Portfolio math shows five-year ROI at 78.69% and total cumulative return in cash at $124,712. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,218/mo property income against a $2,340/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84107, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,789 (100%) |
| Owner Occupied HU | 7,299 (38.8%) |
| Renter Occupied HU | 10,112 (53.8%) |
| Vacant Housing Units | 1,378 ( 7.3%) |
| Median Home Value | $561,327 |
| Average Home Value | $606,922 |
Housing Distribution
Address Breakdown
Residential
16,549
Single Family
11,707
Multi-Family
4,842
Businesses
2,220
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