964 W Big River Ct UNIT 2South Salt LakeUT84119
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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 South Salt Lake at 964 W Big River Ct UNIT 2, South Salt Lake, UT, 84119 uses $95,472 cash to close to unlock $463/yr annual cash flow and $39/mo monthly cash flow. Total monthly income runs $1,727/mo, and a $1,410/mo payment keeps the spread at $39/mo. Purchase price stands at $288,000, and rental yield measures 7.2% with $1,727/mo rent. Return on cash invested shows 20.39% in year one, and 5% annual appreciation builds toward $79,569 over five years. Five-year ROI reaches 105.03% and total cumulative return in cash records $100,272. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,727/mo property income covering a $1,410/mo payment rather than investor’s personal income.
Condo
Built in 1998
435.60 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84119, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,618 (100%) |
| Owner Occupied HU | 9,146 (46.6%) |
| Renter Occupied HU | 9,500 (48.4%) |
| Vacant Housing Units | 972 ( 5.0%) |
| Median Home Value | $412,246 |
| Average Home Value | $421,854 |
Housing Distribution
Address Breakdown
Residential
17,687
Single Family
14,006
Multi-Family
3,681
Businesses
1,892
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Listed by: John Loveday • Equity Real Estate (Advantage)
Mls Name: UtahRealEstate.com
Mls ID: #2120903