681 N Eastcress Ave, Tooele, UT, 84074 | $483/mo Cash Flow

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681 N Eastcress Ave, Tooele, UT, 84074 | $483/mo Cash Flow | Ziffy

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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

Rental property for sale in Tooele at 681 N Eastcress Ave, Tooele, UT, 84074 generates $3,355/mo in rent and, after a $2,398/mo payment, leaves $483/mo in cash flow. Total monthly income is $3,355/mo, and annual cash flow is $5,800/yr on $162,432 invested. Return on cash invested sits at 23.48% in year one, and rental yield is 8.22% on a $489,990 entry. Equity gained on principal adds $3,162/yr, while 5% annual appreciation builds toward $135,375 over five years. Five-year ROI reaches 121.57% and total cumulative return in cash sums $197,469. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,355/mo property income rather than buyer’s personal income.

Single Family

Built in 2024

N/A lot

$N/A/sqft

No HOA

More details about the property

With a timeless style and functional layout, you and your family will love the Springhill 2-story floor plan. This floor plan features 3 bedrooms and 2.5 bathrooms, with an open-concept layout on the main level perfect for family dinners, movie nights, games, and cooking. The staircase open to below brings in additional light to the loft space upstairs, with a walk-in closet for storing anything from board games to extra towels and blankets. A spacious primary bedroom upstairs with a primary bath and large walk-in closet provide the perfect space to relax and unwind. Experience the perfect blend of style, functionality, and value in The Springhill, a home that promises to be the cornerstone of your family's memories for generations to come.

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