947 W 370 S, Tooele, UT, 84074 | $640/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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947 W 370 S, Tooele, UT, 84074 | $640/mo Cash Flow | 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 947 W 370 S, Tooele, UT, 84074 listed at $375,000 pairs $2,837/mo rent with a $1,835/mo payment to leave $640/mo cash flow. Total monthly income runs $2,837/mo, and annual cash flow reaches $7,674/yr on $124,313 cash to close. Return on cash invested measures 26.08% in year one, and rental yield registers 9.08% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 135.52% and total cumulative return in cash totals $168,471. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,837/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1999

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

NO SHOWINGS BEFORE OPEN HOUSE ON SATURDAY 9/13 FRO 11-2. Whether you're searching for your first home, a place to put down roots, or a solid investment opportunity, this 4-bedroom, 2-bath gem in Tooele is full of potential and ready for your vision. With 1,800 square feet of space, there's room for everyone. The layout is practical and comfortable, offering a cozy vibe with plenty of space to grow. Natural light flows throughout, and the bedrooms provide flexibility-think home office, guest space, or playroom. Outside, the large backyard is a blank canvas, and it offers loads of potential for the future-whether you're imagining a play area, garden, or gathering space with mountain views. The panoramic views of the Tooele Valley are the perfect backdrop for making this home your own. This is the kind of home where a little effort can go a long way. Priced right and located in a growing community, it's a great opportunity for anyone looking to build equity and create something special. Come see what's possible. Square footage figures are provided as a courtesy estimate only and were obtained from county records. Buyer is advised to obtain an independent measurement.

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