993 S Cheyenne StSalt Lake CityUT84104
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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 Salt Lake City at 993 S Cheyenne St, Salt Lake City, UT, 84104 with 5% annual appreciation on a $424,500 basis while $2,998/mo rent supports operations. Total monthly income totals $2,998/mo and a $2,078/mo payment preserves $510/mo for cash returns. Annual cash flow comes to $6,116/yr on $140,722 deployed, and return on cash invested reaches 24.26% in year one. Equity gained on principal adds $2,739/yr, and five-year appreciation sums $117,282 alongside rental yield of 8.47%. Five-year ROI measures 125.72% and total cumulative return in cash totals $176,920.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,998/mo property income versus a $2,078/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Patrick J Heagney • KW Salt Lake City Keller Williams Real Estate
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2065345
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-02-19 17:52:24 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)