209 W Millcreek Way S, Tooele, UT, 84074 | 5.08% Rental Yield

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209 W Millcreek Way S, Tooele, UT, 84074 | 5.08% Rental Yield | 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

Rental property for sale in Tooele at 209 W Millcreek Way S, Tooele, UT, 84074 offers $1,949/mo rent that, after a $2,251/mo payment. Total monthly income is $1,949/mo. Return on cash invested measures 14.03% in year one, and rental yield stands at 5.08% at a $460,000 entry. Equity gained on principal adds $2,968/yr while 5% annual appreciation compounds into $127,090 by year five. Five-year ROI records 70.92% and total cumulative return in cash reaches $108,145. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,949/mo property income versus a $2,251/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1959

0.30 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this nicely updated Tooele rambler tucked away in a quiet neighborhood, with the mountains providing a beautiful backdrop. Sitting on a generous corner lot of 1/3 acre, the property offers backyard access through a utility easement. Inside, you'll love the warmth of original hardwood floors in the two upstairs bedrooms, while the main family room and hall has been upgraded with durable LVP flooring. The dining area fits a nice size table and also features a cozy breakfast bar, and the bathrooms have been tastefully updated. Downstairs, enjoy movie nights by the fireplace in the family room. With some unfinished space still available downstairs, you have the opportunity to create additional bedrooms, a home office, craft room, or more - tailored to your needs. This home combines charm, functionality, and potential - all in a peaceful setting with mountain views. Don't miss the chance to make it yours! Square footage figures are provided as a courtesy estimate only and were obtained from County Records. Buyer and Buyers Agent are advised to obtain an independent measurement and verify all information. Please Allow 2 hr notice for showings

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