8655 Halloran Ct N, Lake Point, UT, 84074 | 5.11% Rental Yield

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8655 Halloran Ct N, Lake Point, UT, 84074 | 5.11% 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

Rental property for sale in Lake Point at 8655 Halloran Ct N, Lake Point, UT, 84074 generates $2,472/mo in rent, after a $2,839/mo payment. Total monthly income is $2,472/mo. Return on cash invested sits at 14.23% in year one, and rental yield is 5.11% on a $579,990 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation builds toward $160,241 over five years. Five-year ROI reaches 71.92% and total cumulative return in cash sums $137,237. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,472/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

The ranch-style Bryce plan offers a distinct separation between living and entertaining spaces. One side of the home features three large bedrooms, including a lavish primary suite with an optional deluxe bath. The other has a large family room with an optional fireplace and a charming kitchen with an island and optional gourmet features. Other options include a finished basement that offers 2 additional bedrooms, a full bathroom, a spacious rec room and additional storage.

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