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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% |
Rental property for sale in Tooele at 241 E Utah Ave, Tooele, UT, 84074 offers $2,514/mo rent that, after a $2,203/mo payment. Total monthly income is $2,514/mo. Return on cash invested measures 18.91% in year one, and rental yield stands at 6.7% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 97.05% and total cumulative return in cash reaches $144,774. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,514/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
7,840 sqft 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 |
|---|---|---|
| 2025-02-18 | Price change | $450,000 |
| 2025-02-03 | Listed for sale | $465,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-02-19 | $2201.09 | -6.60% | $206,037 | 1.62% |
| 2022-02-19 | $2356.57 | 12.00% | $202,751 | 33.91% |
| 2021-02-19 | $2104.05 | 3.96% | $151,414 | 8.97% |
Listed by: Mark Dunn • Realtypath LLC (Platinum)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2062308
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-02-19 08:21:23 PST. 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)
