196 S 6th StTooeleUT84074
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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 196 S 6th St, Tooele, UT, 84074 generates $2,365/mo in rent and, after a $1,542/mo payment, leaves $519/mo in cash flow. Total monthly income is $2,365/mo, and annual cash flow is $6,222/yr on $104,422 invested. Return on cash invested sits at 25.87% in year one, and rental yield is 9.01% on a $314,999 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,028 over five years. Five-year ROI reaches 134.38% and total cumulative return in cash sums $140,321. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,365/mo property income rather than buyer’s personal income.
Single Family
Built in 1943
7,405 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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