6576 S 1615 E, Salt Lake City, UT, 84121 | $302/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Salt Lake City at 6576 S 1615 E, Salt Lake City, UT, 84121 generates $3,701/mo in rent and, after a $2,838/mo payment, leaves $302/mo in cash flow. Total monthly income is $3,701/mo, and annual cash flow is $3,629/yr on $190,787 invested. Return on cash invested sits at 21.96% in year one, and rental yield is 7.66% on a $579,900 entry. Equity gained on principal adds $3,742/yr, while 5% annual appreciation builds toward $160,216 over five years. Five-year ROI reaches 113.4% and total cumulative return in cash sums $216,349. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,701/mo property income rather than buyer’s personal income.

Condo

Built in 1979

435.60 sqft lot

$N/A/sqft

No HOA