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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Tooele at 224 Millcreek Way, Tooele, UT, 84074 with 5% annual appreciation on a $460,000 basis while $2,260/mo rent supports operations. 48% in year one. Equity gained on principal adds $2,968/yr, and five-year appreciation sums $127,090 alongside rental yield of 5.9%. Five-year ROI measures 84.04% and total cumulative return in cash totals $128,149. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,260/mo property income versus a $2,251/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 84074, Tooele, UT area.
| 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 |
Residential
19,187
Single Family
18,675
Multi-Family
512
Businesses
852
Date | Event | Price |
|---|---|---|
| 2024-10-04 | Listed for sale | $460,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2785.97 | -0.38% | $260,785 | 8.38% |
| 2022-10-15 | $2796.67 | 19.15% | $240,615 | 42.45% |
| 2021-10-15 | $2347.23 | 5.88% | $168,914 | 10.99% |
Listed by: Haley Peart Johnson • REDFIN CORPORATION
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2027319
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-15 12:03:22 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)
