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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 621 Shay Ln, Tooele, UT, 84074 uses $78,831 cash to close to unlock $7,663/yr annual cash flow and $639/mo monthly cash flow. Total monthly income runs $2,185/mo, and a $1,164/mo payment keeps the spread at $639/mo. Purchase price stands at $237,800, and rental yield measures 11.03% with $2,185/mo rent. Return on cash invested shows 29.63% in year one, and 5% annual appreciation builds toward $65,700 over five years. Five-year ROI reaches 155.4% and total cumulative return in cash records $122,504. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,185/mo property income covering a $1,164/mo payment rather than investor’s personal income.
Condo
Built in 2018
N/A lot
$N/A/sqft
$125 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 |
|---|---|---|
| 2025-08-30 | Listing removed | $240,000 |
| 2025-07-21 | Price change | $240,000 |
| 2025-05-06 | Listed for sale | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $1899.82 | 34.48% | $145,013 | 9.66% |
| 2023-10-17 | $1412.69 | -8.51% | $132,237 | -0.46% |
| 2022-10-17 | $1544.03 | 11.08% | $132,843 | 32.80% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
