863 E Apple Park WaySalt Lake CityUT84106
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 863 E Apple Park Way, Salt Lake City, UT, 84106 offers $2,218/mo rent that, after a $2,814/mo payment. Total monthly income is $2,218/mo. Return on cash invested measures 11.74% in year one, and rental yield stands at 4.63% at a $575,000 entry. Equity gained on principal adds $3,710/yr while 5% annual appreciation compounds into $158,862 by year five. Five-year ROI records 58.95% and total cumulative return in cash reaches $111,515. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,218/mo property income versus a $2,814/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
4,791 sqft lot
$N/A/sqft
$160 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84106, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,216 (100%) |
| Owner Occupied HU | 8,641 (47.4%) |
| Renter Occupied HU | 8,146 (44.7%) |
| Vacant Housing Units | 1,429 ( 7.8%) |
| Median Home Value | $615,146 |
| Average Home Value | $660,681 |
Housing Distribution
Address Breakdown
Residential
16,566
Single Family
14,660
Multi-Family
1,906
Businesses
924
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Nearby investment properties with comparable prices
Listed by: Julia Uberty • Summit Sotheby's International Realty
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2101110
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-07-27 11:22:34 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)