599 Canyon RdTooeleUT84074
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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
Investment property for sale in Tooele at 599 Canyon Rd, Tooele, UT, 84074 at $425,000 posts ROI 21.63% with $202/mo cash flow from $2,693/mo rent. Total monthly income equals $2,693/mo, and annual cash flow records $2,426/yr on $140,888 to close. Return on cash invested measures 21.63% and rental yield reads 7.6% at the current $425,000. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 by year five. Five-year ROI prints 111.67% and total cumulative return in cash totals $157,325.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,693/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
0.56 Acres 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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