816 W Ivywell LnNorth Salt LakeUT84054
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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
Rental property for sale in North Salt Lake at 816 W Ivywell Ln, North Salt Lake, UT, 84054 priced at $484,339 pairs $2,400/mo rent with after a $2,371/mo payment. Total monthly income equals $2,400/mo. Return on cash invested is 16.63% in year one, and rental yield stands at 5.95% on a $484,339 basis. Equity gained on principal adds $3,125/yr, and 5% annual appreciation accumulates to $133,814 by year five. Five-year ROI measures 84.81% and total cumulative return in cash reaches $136,163. For financing, Ziffy Mortgage’s DSCR program evaluates $2,400/mo property income against a $2,371/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 2025
871.20 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84054, North Salt Lake, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,857 (100%) |
| Owner Occupied HU | 5,223 (66.5%) |
| Renter Occupied HU | 2,376 (30.2%) |
| Vacant Housing Units | 258 ( 3.3%) |
| Median Home Value | $594,821 |
| Average Home Value | $625,380 |
Housing Distribution
Address Breakdown
Residential
7,936
Single Family
7,930
Multi-Family
6
Businesses
838
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Listed by: Julie Blum • Brighton Realty LLC
Mls Name: UtahRealEstate.com
Mls ID: #2126392