241 W 1160 N #18, Tooele, UT, 84074 | $902/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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241 W 1160 N #18, Tooele, UT, 84074 | $902/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 241 W 1160 N #18, Tooele, UT, 84074 uses $109,362 cash to close to unlock $10,825/yr annual cash flow and $902/mo monthly cash flow. Total monthly income runs $2,836/mo, and a $1,615/mo payment keeps the spread at $902/mo. Purchase price stands at $329,900, and rental yield measures 10.32% with $2,836/mo rent. Return on cash invested shows 29.81% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 155.52% and total cumulative return in cash records $170,079. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,836/mo property income covering a $1,615/mo payment rather than investor’s personal income.

Condo

Built in 2023

435.60 sqft lot

$N/A/sqft

No HOA

More details about the property

: Our brand-new townhomes that seamlessly blend contemporary design and picturesque surroundings. These thoughtfully crafted homes offer stylish interiors and a comfortable living experience. Nestled in thriving communities, residents can enjoy the convenience of nearby parks, walking trails, and easy access to local amenities. Immerse yourself in the perfect combination of quality construction and thoughtful design, as our new townhomes in Tooele present an unparalleled opportunity for those seeking a harmonious blend of comfort and convenience in a rapidly growing and vibrant community.

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