1908 N Patchwork Ave #1109TooeleUT84074
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
Investment Highlights
Rental property for sale in Tooele at 1908 N Patchwork Ave #1109, Tooele, UT, 84074 generates $2,892/mo in rent and, after a $1,894/mo payment, leaves $624/mo in cash flow. Total monthly income is $2,892/mo, and annual cash flow is $7,487/yr on $128,291 invested. Return on cash invested sits at 25.74% in year one, and rental yield is 8.97% on a $387,000 entry. Equity gained on principal adds $2,497/yr, while 5% annual appreciation builds toward $106,921 over five years. Five-year ROI reaches 133.7% and total cumulative return in cash sums $171,518. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,892/mo property income rather than buyer’s personal income.
Townhouse
Built in 2023
1,306 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices