827 E 500 SSalt Lake CityUT84102
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
Investment property for sale in Salt Lake City at 827 E 500 S, Salt Lake City, UT, 84102 listed at $675,000 pairs $4,516/mo rent with a $3,304/mo payment to leave $560/mo cash flow. Total monthly income runs $4,516/mo, and annual cash flow reaches $6,714/yr on $222,075 cash to close. Return on cash invested measures 23.08% in year one, and rental yield registers 8.03% at a $675,000 basis. Equity gained on principal adds $4,356/yr, and annual property appreciation at 5% supports $186,490 by year five. Five-year ROI tracks 119.4% and total cumulative return in cash totals $265,167. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,516/mo property income relative to a $3,304/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1901
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84102, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,935 (100%) |
| Owner Occupied HU | 2,027 (18.5%) |
| Renter Occupied HU | 7,757 (70.9%) |
| Vacant Housing Units | 1,151 (10.5%) |
| Median Home Value | $643,910 |
| Average Home Value | $708,535 |
Housing Distribution
Address Breakdown
Residential
9,985
Single Family
4,472
Multi-Family
5,513
Businesses
688
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robert Embley • Salt Lake Realty Group
Mls Name: UtahRealEstate.com
Mls ID: #2117183