113 W High CheddarTooeleUT84074
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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
Rental property for sale in Tooele at 113 W High Cheddar, Tooele, UT, 84074 offers $2,965/mo rent that, after a $2,374/mo payment, leaves $122/mo cash flow. Total monthly income is $2,965/mo, and annual cash flow is $1,465/yr on $160,811 cash. Return on cash invested measures 20.82% in year one, and rental yield stands at 7.33% at a $485,100 entry. Equity gained on principal adds $3,130/yr while 5% annual appreciation compounds into $134,024 by year five. Five-year ROI records 107.31% and total cumulative return in cash reaches $172,570. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,965/mo property income versus a $2,374/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84074, Tooele, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,335 (100%) |
| Owner Occupied HU | 16,539 (81.3%) |
| Renter Occupied HU | 3,219 (15.8%) |
| Vacant Housing Units | 577 ( 2.8%) |
| Median Home Value | $444,679 |
| Average Home Value | $471,497 |
Housing Distribution
Address Breakdown
Residential
19,187
Single Family
18,675
Multi-Family
512
Businesses
852
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