705 N Percival St E #266North Salt LakeUT84054
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Nearby investment properties with comparable prices
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 North Salt Lake at 705 N Percival St E #266, North Salt Lake, UT, 84054 uses $43,095 cash to close to unlock $6,448/yr annual cash flow and $537/mo monthly cash flow. Total monthly income runs $2,404/mo, and a $636/mo payment keeps the spread at $537/mo. Purchase price stands at $130,000, and rental yield measures 22.19% with $2,404/mo rent. Return on cash invested shows 34.87% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 193.87% and total cumulative return in cash records $83,547. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,404/mo property income covering a $636/mo payment rather than investor’s personal income.
Manufactured
Built in 2017
N/A lot
$N/A/sqft
$1,105 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84054, North Salt Lake, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,857 (100%) |
| Owner Occupied HU | 5,223 (66.5%) |
| Renter Occupied HU | 2,376 (30.2%) |
| Vacant Housing Units | 258 ( 3.3%) |
| Median Home Value | $594,821 |
| Average Home Value | $625,380 |
Housing Distribution
Address Breakdown
Residential
7,936
Single Family
7,930
Multi-Family
6
Businesses
838
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Listed by: Daisy Hernandez Nunez • Mountainland Realty, Inc.
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2027298
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-15 08:32:31 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)