970 W Shallow Dr #131, Erda, UT, 84074 | 3.86% Rental Yield

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970 W Shallow Dr #131, Erda, UT, 84074 | 3.86% 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

Investment property for sale in Erda at 970 W Shallow Dr #131, Erda, UT, 84074 listed at $769,000 pairs $2,472/mo rent with a $3,764/mo payment. Total monthly income runs $2,472/mo. Return on cash invested measures 10.41% in year one, and rental yield registers 3.86% at a $769,000 basis. Equity gained on principal adds $4,962/yr, and annual property appreciation at 5% supports $212,461 by year five. Five-year ROI tracks 51.42% and total cumulative return in cash totals $130,099. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,472/mo property income relative to a $3,764/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2025

1 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your dream home! Nestled on a spacious 1 - Acre lot, this beautiful home offers incredible views and a perfect blend of comfort and style. The heart of the home is a large, open kitchen that flows seamlessly into the inviting family room - ideal for entertaining or relaxing by the cozy fireplace. A generously sized pantry provides plenty of storage for all your kitchen essentials. With room to breathe a stunning scenery all around this property offers the peaceful lifestyle you've been looking for. We are hoping to be able to start construction some time in December We would love to get started on refining our plan or yours now so we would be ready to start construction this fall. USE OUR PLAN OR ONE OF YOUR OWN

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