657 N Rambler DrSalt Lake CityUT84116
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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 657 N Rambler Dr, Salt Lake City, UT, 84116 priced at $399,400 pairs $1,775/mo rent with after a $1,955/mo payment. Total monthly income equals $1,775/mo. Return on cash invested is 14.78% in year one, and rental yield stands at 5.33% on a $399,400 basis. Equity gained on principal adds $2,577/yr, and 5% annual appreciation accumulates to $110,347 by year five. Five-year ROI measures 74.89% and total cumulative return in cash reaches $99,151. For financing, Ziffy Mortgage’s DSCR program evaluates $1,775/mo property income against a $1,955/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1948
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84116, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,130 (100%) |
| Owner Occupied HU | 5,784 (40.9%) |
| Renter Occupied HU | 7,445 (52.7%) |
| Vacant Housing Units | 901 ( 6.4%) |
| Median Home Value | $441,716 |
| Average Home Value | $517,399 |
Housing Distribution
Address Breakdown
Residential
12,518
Single Family
9,353
Multi-Family
3,165
Businesses
888
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Listed by: N/A • N/A
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