6342 S Westridge StSalt Lake CityUT84107
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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 6342 S Westridge St, Salt Lake City, UT, 84107 earns from $3,818/mo rent with a $3,344/mo payment. Total monthly income totals $3,818/mo. ROI tracks 19.06% on current figures, and rental yield reads 6.71% at a $683,200 purchase. Equity gained on principal adds $4,409/yr, and 5% annual appreciation supports $188,756 over five years. Five-year ROI reaches 97.85% and total cumulative return in cash sums $219,945. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,818/mo property income instead of your personal income.
Single Family
Built in 1962
0.25 Acres 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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