215 E Serenity Ave #1208, Tooele, UT, 84074 | $248/mo Cash Flow

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215 E Serenity Ave #1208, Tooele, UT, 84074 | $248/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 215 E Serenity Ave #1208, Tooele, UT, 84074 offers a 7.81% rental yield on a $379,900 purchase with $2,474/mo rent. Total monthly income registers $2,474/mo, and a $1,859/mo payment leaves $248/mo available for distribution. Annual cash flow reaches $2,973/yr on $125,937 to close, and return on cash invested stands at 22.27% in year one. Equity gained on principal adds $2,451/yr while 5% annual appreciation supports $104,959 over five years. Portfolio math shows five-year ROI at 115.07% and total cumulative return in cash at $144,917. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,474/mo property income against a $1,859/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Townhouse

Built in 2023

871.20 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautiful end-unit Dalton townhome, perfectly situated in one of Tooele's most convenient and fast-growing areas. Enjoy stunning Great Salt Lake and mountain views, an open-concept main floor, and a thoughtfully designed layout that offers both comfort and functionality. The main level is ideal for entertaining, while the upstairs features three spacious bedrooms, including a primary suite with a private bath and walk-in closet, plus a full second bathroom and a convenient laundry room. This townhome also includes a spacious 2-car garage, perfect for vehicles, storage, or weekend gear, and offers affordable style in a desirable location. Just minutes from Deseret Peak High School and the new Tooele Temple, you'll also love being near the brand-new Founders Pointe shopping and dining center. Hobby Lobby, Five Below, Chipotle, and Chili's are now open, with Ulta, Ross, TJ Maxx, and Old Navy confirmed and currently under construction. Whether you're running errands, grabbing dinner, or enjoying peaceful moments of reflection, this home puts it all within easy reach.

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