954 N Picadilly CtNorth Salt LakeUT84054
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
Total monthly income runs $2,400/mo, and a $3,651/mo payment. Purchase price stands at $746,000, and rental yield measures 3.86% with $2,400/mo rent. Return on cash invested shows 10.42% in year one, and 5% annual appreciation builds toward $206,106 over five years. Five-year ROI reaches 51.47% and total cumulative return in cash records $126,334. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,400/mo property income covering a $3,651/mo payment rather than investor’s personal income.
Single Family
Built in 2025
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84054, North Salt Lake, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,857 (100%) |
| Owner Occupied HU | 5,223 (66.5%) |
| Renter Occupied HU | 2,376 (30.2%) |
| Vacant Housing Units | 258 ( 3.3%) |
| Median Home Value | $594,821 |
| Average Home Value | $625,380 |
Housing Distribution
Address Breakdown
Residential
7,936
Single Family
7,930
Multi-Family
6
Businesses
838
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: C Terry Clark • Ivory Homes, LTD
Mls Name: UtahRealEstate.com
Mls ID: #2119810