99 W South Temple St #805Salt Lake CityUT84101
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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
Total monthly income runs $2,186/mo, and a $3,059/mo payment. Purchase price stands at $625,000, and rental yield measures 4.2% with $2,186/mo rent. Return on cash invested shows 11.44% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 56.96% and total cumulative return in cash records $117,121. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,186/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Condo
Built in 2011
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84101, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,701 (100%) |
| Owner Occupied HU | 799 ( 9.2%) |
| Renter Occupied HU | 6,105 (70.2%) |
| Vacant Housing Units | 1,797 (20.7%) |
| Median Home Value | $623,219 |
| Average Home Value | $658,016 |
Housing Distribution
Address Breakdown
Residential
7,262
Single Family
3,046
Multi-Family
4,216
Businesses
1,250
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Listed by: Christopher Corroon • Axis Realty Group
Mls Name: UtahRealEstate.com
Mls ID: #2129821