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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 613 Kay Ln, Tooele, UT, 84074 with 5% annual appreciation on a $266,000 basis while $1,990/mo rent supports operations. Total monthly income totals $1,990/mo and a $1,302/mo payment preserves $223/mo for cash returns. Annual cash flow comes to $2,674/yr on $88,179 deployed, and return on cash invested reaches 22.94% in year one. Equity gained on principal adds $1,716/yr, and five-year appreciation sums $73,491 alongside rental yield of 8.98%. Five-year ROI measures 119.71% and total cumulative return in cash totals $105,557.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,990/mo property income versus a $1,302/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2018
435.60 sqft lot
$N/A/sqft
$208 monthly 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 |
|---|---|---|
| 2024-10-10 | Price change | $266,000 |
| 2024-08-26 | Listed for sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | N/A | N/A | $139,635 | -0.17% |
| 2022-10-15 | $1625.66 | N/A | $139,866 | 31.31% |
| 2021-10-15 | N/A | N/A | $106,514 | 9.45% |
Listed by: Michelle L Holmes • Opendoor Brokerage LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2019600
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-15 12:03:22 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)
