Professional grm calculator optimized for residential properties in Salt Lake City. Local market data shows 4.9% average cap rates and $565,000 median property values.
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The Salt Lake City, UT residential real estate market offers unique investment opportunities. With a median home price of $565,000 and average cap rates of 4.9%,residential properties in this market present a stable investment profile.
Current market conditions show properties averaging 27 days on market, with year-over-year appreciation of 5.9%. Average cash-on-cash returns for residential investments in Salt Lake City are approximately 7.7%.