643 W 1360 N #223, Tooele, UT, 84074 | 6.62% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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643 W 1360 N #223, Tooele, UT, 84074 | 6.62% 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 643 W 1360 N #223, Tooele, UT, 84074 listed at $565,000 pairs $3,119/mo rent with a $2,765/mo payment. Total monthly income runs $3,119/mo. Return on cash invested measures 18.82% in year one, and rental yield registers 6.62% at a $565,000 basis. Equity gained on principal adds $3,646/yr, and annual property appreciation at 5% supports $156,099 by year five. Five-year ROI tracks 96.53% and total cumulative return in cash totals $179,427. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,119/mo property income relative to a $2,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2023

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

This beautiful rambler is practically brand new, featuring a spacious layout with large windows, an open kitchen with white cabinetry and quartz countertops. The basement was finished as an attached ADU, offering the potential to be a rental or mother-in-law space. Complete with its own entrance, full kitchen, laundry room, 2 bedrooms,1 bathroom and a family room. The finished yard includes vinyl fencing, a large covered back patio and a pad stubbed for your future hot tub.

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