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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% |
Rental property for sale in Tooele at 724 N 160 E, Tooele, UT, 84074 generates $2,714/mo in rent and, after a $1,884/mo payment, leaves $408/mo in cash flow. Total monthly income is $2,714/mo, and annual cash flow is $4,894/yr on $127,628 invested. Return on cash invested sits at 23.74% in year one, and rental yield is 8.46% on a $385,000 entry. Equity gained on principal adds $2,484/yr, while 5% annual appreciation builds toward $106,368 over five years. Five-year ROI reaches 123.13% and total cumulative return in cash sums $157,150. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,714/mo property income rather than buyer’s personal income.
Townhouse
Built in 2023
2,178 sqft lot
$N/A/sqft
$50 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 |
|---|---|---|
| 2024-09-05 | Listed for sale | $385,000 |
| 2024-03-21 | Listing removed | $392,000 |
| 2024-03-01 | Listed for sale | $392,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $962.35 | 10.40% | $90,082 | 20.11% |
| 2022-10-15 | $871.73 | N/A | $75,000 | N/A |
Listed by: Holly Jones • Sun Key Realty LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2021538
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2024-10-15 12:33:32 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)
