8586 N Tiffany Ln E #1341TooeleUT84074
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Tooele at 8586 N Tiffany Ln E #1341, Tooele, UT, 84074 offers a 6.24% rental yield on a $689,990 purchase with $3,588/mo rent. 57% in year one. Equity gained on principal adds $4,452/yr while 5% annual appreciation supports $190,632 over five years. Portfolio math shows five-year ROI at 89.88% and total cumulative return in cash at $204,041. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,588/mo property income against a $3,377/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
8,276 sqft lot
$N/A/sqft
$45 quarterly HOA
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 |
Housing Distribution
Address Breakdown
Residential
19,187
Single Family
18,675
Multi-Family
512
Businesses
852
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marcella Torrez • Ascent Real Estate Group LLC
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #1996951
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)