3310 S 3130 EMillcreekUT84109
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 3310 S 3130 E, Millcreek, UT, 84109 in Millcreek is listed at $470,000 and delivers $3,653/mo in rent and $898/mo in net monthly cash flow. The 9.33% yield and 1.73 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $129,852 over five years, and $4,329/yr in principal reduction supplements cash return. Total projected cumulative return: $235,384.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $898 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $3,653 |
| Total Monthly Debt Service | $2,568 |
| DSCR Ratio | 1.42x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, 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.
Single Family
Built in 1948
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84109, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,236 (100%) |
| Owner Occupied HU | 6,697 (72.5%) |
| Renter Occupied HU | 2,277 (24.7%) |
| Vacant Housing Units | 262 ( 2.8%) |
| Median Home Value | $788,779 |
| Average Home Value | $840,206 |
Housing Distribution
Address Breakdown
Residential
9,145
Single Family
9,019
Multi-Family
126
Businesses
707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1948
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84109, Salt Lake City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,236 (100%) |
| Owner Occupied HU | 6,697 (72.5%) |
| Renter Occupied HU | 2,277 (24.7%) |
| Vacant Housing Units | 262 ( 2.8%) |
| Median Home Value | $788,779 |
| Average Home Value | $840,206 |
Housing Distribution
Address Breakdown
Residential
9,145
Single Family
9,019
Multi-Family
126
Businesses
707
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices