971 W 1700 S #1-4Salt Lake CityUT84104
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 971 W 1700 S #1-4, Salt Lake City, UT, 84104 in Salt Lake City at $1,680,000, 2.57% gross yield, is a market-growth asset. Rental yield 2.57%. The $3,599/mo rent partially funds the $7,554/mo debt service; the core return is the 5%/yr price growth projected to add $464,153 over five years. Ziffy Mortgage's DSCR mortgage (0.48) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $220,876.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.6% | 5.1% |
| Monthly Cash Flow | $(6,443) | $1,850 |
City averages based on Salt Lake City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,599 |
| Total Monthly Debt Service | $9,373 |
| DSCR Ratio | 0.38x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi Family
Built in 2024
1,742 sqft lot
$N/A/sqft
$195 monthly HOA
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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
Multi Family
Built in 2024
1,742 sqft lot
$N/A/sqft
$195 monthly HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices