875 E Arrowhead Ln S #46Salt Lake CityUT84107
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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
Investment property for sale in Salt Lake City at 875 E Arrowhead Ln S #46, Salt Lake City, UT, 84107 uses $92,820 cash to close to unlock $328/yr annual cash flow and $27/mo monthly cash flow. Total monthly income runs $1,668/mo, and a $1,370/mo payment keeps the spread at $27/mo. Purchase price stands at $280,000, and rental yield measures 7.15% with $1,668/mo rent. Return on cash invested shows 20.26% in year one, and 5% annual appreciation builds toward $77,359 over five years. Five-year ROI reaches 104.33% and total cumulative return in cash records $96,837. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,668/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Condo
Built in 1971
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84107, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,789 (100%) |
| Owner Occupied HU | 7,299 (38.8%) |
| Renter Occupied HU | 10,112 (53.8%) |
| Vacant Housing Units | 1,378 ( 7.3%) |
| Median Home Value | $561,327 |
| Average Home Value | $606,922 |
Housing Distribution
Address Breakdown
Residential
16,549
Single Family
11,707
Multi-Family
4,842
Businesses
2,220
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Listed by: R. Mark Rogers • Marval Realty Group
Mls Name: UtahRealEstate.com
Mls ID: #2132892