1895 N Blue Iris Ave #1085TooeleUT84074
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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
Investment property for sale in Tooele at 1895 N Blue Iris Ave #1085, Tooele, UT, 84074 earns $159/mo cash flow from $2,492/mo rent with a $1,948/mo payment. Total monthly income totals $2,492/mo, and annual cash flow totals $1,911/yr on $131,937 capital. ROI tracks 21.36% on current figures, and rental yield reads 7.51% at a $398,000 purchase. Equity gained on principal adds $2,568/yr, and 5% annual appreciation supports $109,960 over five years. Five-year ROI reaches 110.2% and total cumulative return in cash sums $145,392. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,492/mo property income instead of your personal income.
Townhouse
Built in 2023
871.20 sqft 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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