203 E Serenity Ave #1214, Tooele, UT, 84074 | $243/mo Cash Flow

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203 E Serenity Ave #1214, Tooele, UT, 84074 | $243/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Tooele at 203 E Serenity Ave #1214, Tooele, UT, 84074 listed at $369,999 pairs $2,412/mo rent with a $1,811/mo payment to leave $243/mo cash flow. Total monthly income runs $2,412/mo, and annual cash flow reaches $2,920/yr on $122,655 cash to close. Return on cash invested measures 22.29% in year one, and rental yield registers 7.82% at a $369,999 basis. Equity gained on principal adds $2,388/yr, and annual property appreciation at 5% supports $102,224 by year five. Five-year ROI tracks 115.2% and total cumulative return in cash totals $141,293. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,412/mo property income relative to a $1,811/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 2024

1,306 sqft lot

$N/A/sqft

No HOA

More details about the property

Almost new end-unit DR Horton townhome with a bright, open layout and tons of space! Large bedrooms and an open-concept design create a comfortable, airy feel throughout. Crawl space with installed lighting is tall enough to stand, offering excellent storage. Enjoy a great community with a playground, basketball court, and a future community swimming pool-perfect for fun and relaxation. New pickleball courts and a brand-new basketball court at the nearby Western Acres subdivision add even more options for recreation. Super clean and move-in ready, this home combines modern comfort with a welcoming neighborhood atmosphere.

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