32 S 7th StTooeleUT84074
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Tooele at 32 S 7th St, Tooele, UT, 84074 priced at $332,100 converts $1,231/mo rent into after a $1,625/mo obligation. Total monthly income equals $1,231/mo. Return on cash invested prints 12.12% in year one, and rental yield reads 4.45% against a $332,100 entry. Equity gained on principal adds $2,143/yr, while 5% annual appreciation compiles into $91,753 by year five. Five-year ROI reaches 60.61% and total cumulative return in cash sums $66,730. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,231/mo property income covering a $1,625/mo payment, not borrower’s personal income.
Single Family
Built in 1954
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices