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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Millcreek at 883 E Arnecia Ct UNIT 31, Millcreek, UT, 84106 generates $1,770/mo in rent and, after a $1,366/mo payment, leaves $134/mo in cash flow. Total monthly income is $1,770/mo, and annual cash flow is $1,612/yr on $92,489 invested. Return on cash invested sits at 21.65% in year one, and rental yield is 7.61% on a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 111.78% and total cumulative return in cash sums $103,387. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,770/mo property income rather than buyer’s personal income.
Condo
Built in 1989
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 84106, Salt Lake City, UT area.
| 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 |
Residential
16,566
Single Family
14,660
Multi-Family
1,906
Businesses
924
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: L. Scott Murray • EXP Realty, LLC
Mls Name: UtahRealEstate.com
Mls ID: #2123835
