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Market MapUtahTooele

Tooele County

UtahPopulation: 74,032
51
/100
Hold
#532 of 1,000 counties
#12 in Utah (28 counties)

Market Snapshot

$472,566
Median Home Price
102% above national median
$2,052/mo
Median Rent
36% above national median
5.21%
Rent-to-Price Ratio
Top 69% nationally
-$1,144
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$472,566
Down Payment (20%)$94,513
Loan Amount$378,053
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,052
Monthly P&I-$2,477
Est. Expenses (35%)-$718
Net Cash Flow-$1,144/mo
3.4%
Cap Rate (all cash)
-12.6%
Cash-on-Cash Return
5.21%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.4% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
51/100
51
Cash Flow(30%)
48/100

Based on 5.21% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
52/100

Based on 0.2% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Population data not available.

Affordability(20%)
56/100

Price-to-income ratio of 4.9x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

  • +Complete rent data available

Challenges

  • -Below-average rent-to-price ratio (5.21%)
  • -Negative cash flow at typical financing (-$1,144/mo)
  • -Negative leverage (cap rate 3.4% < mortgage rate 6.9%)

Economic Indicators

Population
74,032
Median Income
$95,545
vs $57,018 national est.
Unemployment Rate
—
Data pending
Price-to-Income
4.9x
Moderately affordable

Compare to Nearby Counties

CountyVerdict
KaneUT
52$403,730Est. pending—HoldView
CurrentTooeleUT
51$472,566$2,0525.21%Hold
DavisUT
50$545,748$1,8113.98%HoldView
DuchesneUT
50$360,788$9002.99%HoldView
MorganUT
50$722,602Est. pending—HoldView
WayneUT
50$438,037Est. pending—HoldView

The Bottom Line

HoldTooele is a neutral market. Consider house hacking or targeting below-market deals.

Tooele County in Utah scores 51/100, ranking #532 of 1,000 US counties (top 70%). The 5.21% rent-to-price ratio may require creative strategies or below-market purchases for positive cash flow. Current market conditions make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or all-cash purchases.

Monthly Cash Flow
$-1,144/mo
Cap Rate
3.4%
Cash-on-Cash
-12.6%

Ready to Analyze a Deal in Tooele?

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