801 W Genesee Ave,Salt Lake City,UT,84104

Investment Highlights

Rental property for sale in Salt Lake City at 801 W Genesee Ave, Salt Lake City, UT, 84104 offers $2,509/mo rent that, after a $1,933/mo payment, leaves $194/mo cash flow. Total monthly income is $2,509/mo, and annual cash flow is $2,330/yr on $130,943 cash. Return on cash invested measures 21.69% in year one, and rental yield stands at 7.62% at a $395,000 entry. Equity gained on principal adds $2,549/yr while 5% annual appreciation compounds into $109,131 by year five. Five-year ROI records 111.98% and total cumulative return in cash reaches $146,634. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,509/mo property income versus a $1,933/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.