605 W 1360 N #227, Tooele, UT, 84074 | 6.7% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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605 W 1360 N #227, Tooele, UT, 84074 | 6.7% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Tooele at 605 W 1360 N #227, Tooele, UT, 84074 earns from $2,986/mo rent with a $2,619/mo payment. Total monthly income totals $2,986/mo. ROI tracks 19.04% on current figures, and rental yield reads 6.7% at a $535,000 purchase. Equity gained on principal adds $3,452/yr, and 5% annual appreciation supports $147,811 over five years. Five-year ROI reaches 97.71% and total cumulative return in cash sums $171,976. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,986/mo property income instead of your personal income.

Single Family

Built in 2023

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautiful 2023-built home offering over 3,700 square feet of beautifully finished living space. With 5 spacious bedrooms and 3 bathrooms, this home combines modern design with comfort and functionality. The open-concept entices large gatherings for dining in a well thought-out kitchen including quartz countertops ideal for cooking and entertaining. Upstairs, you'll find generously sized bedrooms and a luxurious primary suite with a walk-in closet and private bath. The basement offers additional space for a family room, gym, or home office to suit your needs, along with a custom barn door and contemporary finishes to suit the most refined taste. Outside, the property features a fully fenced yard, ideal for pets, play, and gatherings. The 2-car garage provides convenience and extra storage. Located in the heart of Tooele, this home is just minutes from shopping, schools, and easy access to the interstate, making your commute and errands a breeze.

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