6486 S 1140 W #182Salt Lake CityUT84123
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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 6486 S 1140 W #182, Salt Lake City, UT, 84123 generates $904/mo in rent and, after a $558/mo payment, leaves $236/mo in cash flow. Total monthly income is $904/mo, and annual cash flow is $2,830/yr on $37,791 invested. Return on cash invested sits at 27.4% in year one, and rental yield is 9.52% on a $114,000 entry. Equity gained on principal adds $736/yr, while 5% annual appreciation builds toward $31,496 over five years. Five-year ROI reaches 142.56% and total cumulative return in cash sums $53,875. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $904/mo property income rather than buyer’s personal income.
Manufactured
Built in 2005
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84123, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,950 (100%) |
| Owner Occupied HU | 8,731 (58.4%) |
| Renter Occupied HU | 5,774 (38.6%) |
| Vacant Housing Units | 445 ( 3.0%) |
| Median Home Value | $524,663 |
| Average Home Value | $512,546 |
Housing Distribution
Address Breakdown
Residential
15,171
Single Family
11,598
Multi-Family
3,573
Businesses
858
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Listed by: Tony Reece • 4You Real Estate, LLC
Mls Name: UtahRealEstate.com
Mls ID: #2123575