480 E Utah Ave STooeleUT84074
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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
Rental property for sale in Tooele at 480 E Utah Ave S, Tooele, UT, 84074 priced at $309,900 converts $1,656/mo rent into after a $1,517/mo obligation. Total monthly income equals $1,656/mo. Return on cash invested prints 18.03% in year one, and rental yield reads 6.41% against a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,620 by year five. Five-year ROI reaches 92.37% and total cumulative return in cash sums $94,896. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,656/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 1952
5,662 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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