783 W Montedeloro Dr #783Salt Lake CityUT84123
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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
Investment Highlights
Investment property for sale in Salt Lake City at 783 W Montedeloro Dr #783, Salt Lake City, UT, 84123 uses $47,405 cash to close to unlock $2,853/yr annual cash flow and $238/mo monthly cash flow. Total monthly income runs $1,076/mo, and a $700/mo payment keeps the spread at $238/mo. Purchase price stands at $143,000, and rental yield measures 9.03% with $1,076/mo rent. Return on cash invested shows 25.93% in year one, and 5% annual appreciation builds toward $39,508 over five years. Five-year ROI reaches 134.73% and total cumulative return in cash records $63,868. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,076/mo property income covering a $700/mo payment rather than investor’s personal income.
Manufactured
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84123, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,950 (100%) |
| Owner Occupied HU | 8,731 (58.4%) |
| Renter Occupied HU | 5,774 (38.6%) |
| Vacant Housing Units | 445 ( 3.0%) |
| Median Home Value | $524,663 |
| Average Home Value | $512,546 |
Housing Distribution
Address Breakdown
Residential
15,171
Single Family
11,598
Multi-Family
3,573
Businesses
858
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Listed by: Josie A Bolen • 1st Class Real Estate Partners
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2078300
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-04-21 11:49:30 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)