705 S Redwood Rd W #71Salt Lake CityUT84104
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeWhen a property's DSCR clears 1.5x, lenders and investors both pay attention. 705 S Redwood Rd W #71, Salt Lake City, UT, 84104 in Salt Lake City achieves a 1.73 ratio at $120,000: $936/mo rent versus $540/mo debt service. Rental yield 9.36%. Ziffy Mortgage's no-W2 DSCR loan is purpose-built for assets like this. The 9.36% yield compounds alongside 5% annual appreciation projecting $33,154 in value. Total projected cumulative return: $1,485.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.4% | 5.1% |
| Monthly Cash Flow | $(747) | $1,850 |
City averages based on Salt Lake City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $936 |
| Total Monthly Debt Service | $1,636 |
| DSCR Ratio | 0.57x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1999
435.60 sqft lot
$N/A/sqft
$980 monthly HOA
Nearby investment properties with comparable rents
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
Manufactured
Built in 1999
435.60 sqft lot
$N/A/sqft
$980 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Paz Ortiz • Peace Tree Realty LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2097335
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-07-12 12:11:48 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](/mls-disclaimers/#319)