858 S Jefferson StSalt Lake CityUT84101
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 858 S Jefferson St, Salt Lake City, UT, 84101 at $525,000 posts ROI 22.72% with $384/mo cash flow from $3,461/mo rent. Total monthly income equals $3,461/mo, and annual cash flow records $4,602/yr on $172,725 to close. Return on cash invested measures 22.72% and rental yield reads 7.91% at the current $525,000. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 by year five. Five-year ROI prints 117.49% and total cumulative return in cash totals $202,929.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,461/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1903
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84101, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,701 (100%) |
| Owner Occupied HU | 799 ( 9.2%) |
| Renter Occupied HU | 6,105 (70.2%) |
| Vacant Housing Units | 1,797 (20.7%) |
| Median Home Value | $623,219 |
| Average Home Value | $658,016 |
Housing Distribution
Address Breakdown
Residential
7,262
Single Family
3,046
Multi-Family
4,216
Businesses
1,250
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Khodadad • Coldwell Banker Realty (Union Heights)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2029018
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-15 18:08:36 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](/info/mls-disclaimers/#mls_319)