920 E Queensmill LnSalt Lake CityUT84106
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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 920 E Queensmill Ln, Salt Lake City, UT, 84106 uses $304,292 cash to close to unlock $9,707/yr annual cash flow and $809/mo monthly cash flow. Total monthly income runs $6,230/mo, and a $4,527/mo payment keeps the spread at $809/mo. Purchase price stands at $924,900, and rental yield measures 8.08% with $6,230/mo rent. Return on cash invested shows 23.25% in year one, and 5% annual appreciation builds toward $255,533 over five years. Five-year ROI reaches 120.28% and total cumulative return in cash records $366,017. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,230/mo property income covering a $4,527/mo payment rather than investor’s personal income.
Single Family
Built in 2018
4,791 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
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Listed by: Troy Peterson • Equity Real Estate (Solid)
Mls Name: UtahRealEstate.com
Mls ID: #2101506