Under $200K Investment Properties for Sale in Salt Lake City, UT
352- 2 Bed
- 1 Bath
- 812 sft
27- 1 Bed
- 1 Bath
- 166 sft
201- 2 Bed
- 1 Bath
- 618 sft
243- 1 Bed
- 1 Bath
- 615 sft
Why Invest in Salt Lake City, Utah?
Salt Lake City offers compelling investment opportunities in properties under $200k, primarily condos and townhomes in established neighborhoods. These affordable entry points deliver solid **rental yields** around 7-8% with **cap rates** near 6%. The city's strong job market and population growth support steady **appreciation** of 4-5% annually. **Renter occupancy** exceeds 55%, ensuring reliable cash flow for investors targeting this price segment. Proximity to downtown and universities enhances long-term value.
Frequently Asked Questions
Yes, around 25-50 condos and townhomes under $200k are typically available in neighborhoods like Rose Park and West Valley areas. These offer strong rental potential due to high renter demand. Focus on properties near transit for best appreciation.
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