710 N 800 W APT 7, Salt Lake City, UT, 84116 | $298/mo Cash Flow

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710 N 800 W APT 7, Salt Lake City, UT, 84116 | $298/mo Cash Flow | Ziffy

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

Investment property for sale in Salt Lake City at 710 N 800 W APT 7, Salt Lake City, UT, 84116 offers a 8.59% rental yield on a $229,900 purchase with $1,645/mo rent. Total monthly income registers $1,645/mo, and a $1,125/mo payment leaves $298/mo available for distribution. Annual cash flow reaches $3,573/yr on $76,212 to close, and return on cash invested stands at 24.6% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,517 over five years. Portfolio math shows five-year ROI at 127.57% and total cumulative return in cash at $97,223. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,645/mo property income against a $1,125/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 1980

871.20 sqft lot

$N/A/sqft

No HOA

More details about the property

Located in the heart of Rose Park, this inviting townhome offers easy freeway access and convenient single-level living. The interior has just been updated with new carpet and a full repaint, giving the space a fresh, bright feel the moment you step inside. The layout is simple and functional, making it comfortable for everyday living. Two new bedroom windows and a new sliding glass door are already on order and will be installed in the next few weeks, adding even more value. All details, including HOA information and square footage, were gathered from county records and a previous MLS listing; buyers and agents should verify all information. Don't miss the chance to see it before it's gone!

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