828 E Edgehill RdSalt Lake CityUT84103
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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 Salt Lake City at 828 E Edgehill Rd, Salt Lake City, UT, 84103 priced at $1,600,000 converts $3,575/mo rent into after a $7,831/mo obligation. Total monthly income equals $3,575/mo. Return on cash invested prints 6.94% in year one, and rental yield reads 2.68% against a $1,600,000 entry. Equity gained on principal adds $10,325/yr, while 5% annual appreciation compiles into $442,051 by year five. Five-year ROI reaches 32.75% and total cumulative return in cash sums $169,767. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,575/mo property income covering a $7,831/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84103, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,360 (100%) |
| Owner Occupied HU | 5,182 (36.1%) |
| Renter Occupied HU | 7,528 (52.4%) |
| Vacant Housing Units | 1,650 (11.5%) |
| Median Home Value | $779,049 |
| Average Home Value | $884,085 |
Housing Distribution
Address Breakdown
Residential
12,795
Single Family
7,384
Multi-Family
5,411
Businesses
367
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Listed by: Babs De Lay • Urban Utah Homes & Estates, LLC
Mls Name: UtahRealEstate.com
Mls ID: #2125876