972 E 5245 SSalt Lake CityUT84117
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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
Rental property for sale in Salt Lake City at 972 E 5245 S, Salt Lake City, UT, 84117 generates $2,364/mo in rent, after a $3,499/mo payment. Total monthly income is $2,364/mo. Return on cash invested sits at 10.74% in year one, and rental yield is 3.97% on a $714,900 entry. Equity gained on principal adds $4,613/yr, while 5% annual appreciation builds toward $197,514 over five years. Five-year ROI reaches 53.22% and total cumulative return in cash sums $125,174. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,364/mo property income rather than buyer’s personal income.
Single Family
Built in 1963
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84117, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,713 (100%) |
| Owner Occupied HU | 6,830 (58.3%) |
| Renter Occupied HU | 4,124 (35.2%) |
| Vacant Housing Units | 759 ( 6.5%) |
| Median Home Value | $708,777 |
| Average Home Value | $823,925 |
Housing Distribution
Address Breakdown
Residential
11,010
Single Family
8,354
Multi-Family
2,656
Businesses
1,171
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Listed by: Danielle H Lonardo • KW Utah Realtors Keller Williams
Mls Name: UtahRealEstate.com
Mls ID: #2099709