876 E Forest Park Ct SSalt 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
Investment property for sale in Salt Lake City at 876 E Forest Park Ct S, Salt Lake City, UT, 84106 with 5% annual appreciation on a $450,000 basis while $2,672/mo rent supports operations. Total monthly income totals $2,672/mo and a $2,203/mo payment preserves $34/mo for cash returns. Annual cash flow comes to $408/yr on $149,175 deployed, and return on cash invested reaches 20.18% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 7.13%. Five-year ROI measures 103.86% and total cumulative return in cash totals $154,938.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,672/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2000
1,306 sqft lot
$N/A/sqft
No 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Udy • Century 21 Everest
Mls Name: UtahRealEstate.com
Mls ID: #2113789