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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 247 S 360 W, Tooele, UT, 84074 offers a 6.11% rental yield on a $305,000 purchase with $1,554/mo rent. 13% in year one. Equity gained on principal adds $1,968/yr while 5% annual appreciation supports $84,266 over five years. Portfolio math shows five-year ROI at 87.56% and total cumulative return in cash at $88,534. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,554/mo property income against a $1,493/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
6,098 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 |
|---|---|---|
| 2024-09-24 | Price change | $305,000 |
| 2024-09-07 | Price change | $319,500 |
| 2024-08-22 | Listed for sale | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1933.89 | 7.86% | $181,025 | 17.35% |
| 2022-10-15 | $1793.03 | 19.90% | $154,266 | 43.35% |
| 2021-10-15 | $1495.38 | 11.98% | $107,612 | 17.38% |
Listed by: Sandra Critchlow • Equity Real Estate - Tooele
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2018939
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-15 12:33:32 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)
