839 E Mendon Ct #ASalt Lake CityUT84105
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
Rental property for sale in Salt Lake City at 839 E Mendon Ct #A, Salt Lake City, UT, 84105 offers $1,980/mo rent that, after a $5,702/mo payment. Total monthly income is $1,980/mo. Return on cash invested measures 3.75% in year one, and rental yield stands at 2.04% at a $1,165,000 entry. Equity gained on principal adds $7,518/yr while 5% annual appreciation compounds into $321,868 by year five. Five-year ROI records 16.09% and total cumulative return in cash reaches $60,747. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,980/mo property income versus a $5,702/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2024
1,306 sqft lot
$N/A/sqft
$379 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84105, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,026 (100%) |
| Owner Occupied HU | 5,470 (54.6%) |
| Renter Occupied HU | 4,116 (41.1%) |
| Vacant Housing Units | 440 ( 4.4%) |
| Median Home Value | $684,787 |
| Average Home Value | $750,368 |
Housing Distribution
Address Breakdown
Residential
9,670
Single Family
9,010
Multi-Family
660
Businesses
337
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Nearby investment properties with comparable prices
Listed by: Christy Terrill • Equity Real Estate (Solid)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2078485
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-04-21 12:20:00 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)