754 E Shady Tree Ct, Salt Lake City, UT, 84106 | 5.38% Rental Yield

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754 E Shady Tree Ct, Salt Lake City, UT, 84106 | 5.38% Rental Yield | 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

Rental property for sale in Salt Lake City at 754 E Shady Tree Ct, Salt Lake City, UT, 84106 priced at $475,000 pairs $2,130/mo rent with after a $2,325/mo payment. Total monthly income equals $2,130/mo. Return on cash invested is 14.92% in year one, and rental yield stands at 5.38% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 75.68% and total cumulative return in cash reaches $119,167. For financing, Ziffy Mortgage’s DSCR program evaluates $2,130/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 1982

435.60 sqft lot

$N/A/sqft

No HOA

More details about the property

Big Townhome, 2200 sq.ft., Pet Perfect, 3-bedroom, 3 bath in the highly desired Shadybrook Condos. Open House this Saturday Aug 23rd from 10 to 3 so be sure to come. Close to downtown Salt Lake City, this home is a must see for those who want to be close to downtown but would like peace and quiet in a beautiful wooded setting with a year-round stream. This is the largest and most desired floorplan and it includes an oversized 2-car garage, a huge grand master suite with vaulted ceilings, seperate jetted tub and shower, walk-in closet, a big kitchen, 2 dining areas, large living room and separate den, and an outdoor patio. The home offers the privacy of two separate living spaces with a bed and bath in the finished basement that is perfect if you have a family member who likes a private area of their own. This is a very pet friendly community with lots of grass areas and a short walk to Millcreek Park and Wasatch Community Gardens that you can have your own garden plot. This community has Immaculate grounds with heated swimming pool and hot tub, ponds, streams, mature trees, walking paths & tennis court, RV parking and a clubhouse for parties and weddings. It is a quiet and peaceful place, yet just a short drive into downtown Salt Lake City and right on the bus route. The HOA includes Comcast high speed internet and Cable TV, water, sewer, trash, building insurance and maintenance, snow removal and is a great HOA that takes wonderful care of the buildings and wooded grounds.

Neighborhood Data

Neighborhood data shown for ZIP Code: 84106, Salt Lake City, UT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,216 (100%)
Owner Occupied HU	8,641 (47.4%)
Renter Occupied HU	8,146 (44.7%)
Vacant Housing Units	1,429 ( 7.8%)
Median Home Value	$615,146
Average Home Value	$660,681