228 W 2370 N, Tooele, UT, 84074 | $400/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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228 W 2370 N, Tooele, UT, 84074 | $400/mo Cash Flow | Ziffy

For Sale

Rental Income

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 228 W 2370 N, Tooele, UT, 84074 earns $400/mo cash flow from $3,272/mo rent with a $2,398/mo payment. Total monthly income totals $3,272/mo, and annual cash flow totals $4,804/yr on $162,435 capital. ROI tracks 22.87% on current figures, and rental yield reads 8.01% at a $490,000 purchase. Equity gained on principal adds $3,162/yr, and 5% annual appreciation supports $135,378 over five years. Five-year ROI reaches 118.29% and total cumulative return in cash sums $192,144. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,272/mo property income instead of your personal income.

Single Family

Built in 2022

10,018 sqft lot

$N/A/sqft

No HOA

More details about the property

* To be featured on abc4's Real Estate Essentials Sunday 12-14 @ 4:30pm* Discover this nearly new 3-bedroom, 2-bath home offering modern comfort and incredible future potential. The unfinished basement is already framed with electrical installed for a spacious living room, two additional bedrooms, a bathroom, and a laundry room-plus a convenient walkout entrance that expands rental or multi-generational living possibilities. Located within walking distance of the Deseret Peak Utah Temple, Deseret Peak High School, the hospital, and brand-new shopping centers, this home sits in one of the area's most desirable and rapidly growing communities. Outside, you'll find ample parking for recreational toys, trailers, or extra vehicles. Whether you're looking for a move-in-ready residence or a turn-key rental opportunity (washer and dryer included), the separate basement entrance makes this property an excellent choice for long-term investment growth. Seller agrees to provide a 1-year Elevate Homescription home warranty for the buyer of this home. Sq. footage figures are provided as a courtesy estimate only. Buyer is advised to obtain an independent measurement.

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