768 E Garden AveSalt Lake CityUT84106
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
Investment Highlights
Total monthly income runs $2,618/mo, and a $3,035/mo payment. Purchase price stands at $620,000, and rental yield measures 5.07% with $2,618/mo rent. Return on cash invested shows 14.08% in year one, and 5% annual appreciation builds toward $171,295 over five years. Five-year ROI reaches 71.13% and total cumulative return in cash records $145,083. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,618/mo property income covering a $3,035/mo payment rather than investor’s personal income.
Single Family
Built in 1949
10,454 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
16,566
Single Family
14,660
Multi-Family
1,906
Businesses
924
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Scott Robbins • Summit Sotheby's International Realty
Mls Name: UtahRealEstate.com
Mls ID: #2108340