243 S 6th StTooeleUT84074
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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
Investment Highlights
Investment property for sale in Tooele at 243 S 6th St, Tooele, UT, 84074 uses $109,362 cash to close to unlock $5,509/yr annual cash flow and $459/mo monthly cash flow. Total monthly income runs $2,393/mo, and a $1,615/mo payment keeps the spread at $459/mo. Purchase price stands at $329,900, and rental yield measures 8.7% with $2,393/mo rent. Return on cash invested shows 24.95% in year one, and 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 129.46% and total cumulative return in cash records $141,579. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,393/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 1943
8,276 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
19,187
Single Family
18,675
Multi-Family
512
Businesses
852
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