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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Tooele at 1342 N Harper Way, Tooele, UT, 84074 priced at $490,990 converts $2,472/mo rent into after a $2,403/mo obligation. Total monthly income equals $2,472/mo. Return on cash invested prints 16.92% in year one, and rental yield reads 6.04% against a $490,990 entry. Equity gained on principal adds $3,168/yr, while 5% annual appreciation compiles into $135,651 by year five. Five-year ROI reaches 86.39% and total cumulative return in cash sums $140,615. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,472/mo property income covering a $2,403/mo payment, not borrower’s personal income.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 84074, Tooele, UT area.
| 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 |
Residential
19,187
Single Family
18,675
Multi-Family
512
Businesses
852
Date | Event | Price |
|---|---|---|
| 2025-01-28 | Listed for sale | $490,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Zack Simpkins • Meritage Homes
Mls Name: Meritage Homes
Mls Provider:
Mls ID: #N/A
