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110 N Connor Ave E
B+ Composite 78.64
Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Appreciation +10.0/10.0
  • ARV discount +7.5/15.0
  • Livability +3.2/5.0
  • Schools +3.0/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0

$130,900

110 N Connor Ave E · Stockton, UT 84071
2 bd · 1.0 ba · 1,116 sqft · Other public records · 7 Days on market
Built 1895 7,840 sqft lot

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

There are no remarks available.

Key facts

  • Historic mining town
  • Rare opportunity
  • New construction

Tags

HISTORIC MINING TOWNNEW CONSTRUCTIONRARE OPPORTUNITY

Property features AI

Exterior

  • Parking: 4 total parking spaces (4 open)
  • Utilities: Public sewer (connected); Culinary water
  • Home design: Bungalow/Cottage style; Single-family residence; Faces west
  • Construction: Cedar and frame construction; Asphalt roof; Built and currently standing
  • Exterior features: Partially fenced yard; Sidewalks; Gradual slope terrain

Interior

  • Bedrooms: 2 main-level bedrooms
  • Bathrooms: 1 full bathroom
  • Interior features: Partial basement; Fireplace

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/1.0-bath other listed at $131k.

Deal economics

  • At list price, monthly cash flow is $943 ($11k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $131k).

Location & tenants

  • Location reads 63/100 on livability (#176 in UT) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, health & safety F.
  • Tooele District (town): math 32% / reading 34% proficiency, ranked #62 of 80 in UT (top 78%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Tooele Jr High (math 33% / reading 28%, grade F, #106 of 138 statewide, top 77%, 733 students, 54% FRL); Tooele High (math 23% / reading 37%, grade F, #119 of 171 statewide, top 71%, 1,768 students, 25% FRL).
  • Market conditions: 22 active listings in the ZIP; 867 units permitted in Tooele County in 2024 (87 in 5+ unit buildings).

Forward outlook

  • In year one you build about $14k of equity ($905 loan paydown + $13k appreciation (10.0% local appreciation)).
  • Tooele County population projected at +33% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (10.0% appreciation + 3.0% rent growth), your $37k cash investment doubles in ~2 years — after that, you're playing with house money.
  • By year 3, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

  • Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
  • 6 sale attempts since 18y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Watch-outs: built in 1895 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major flood risk; severe wildfire risk — expect insurance premiums to compound above CPI over the hold.
Recommended offer $130,900

Questions for the listing agent

  1. Built in 1895 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.73%
Cap rate
14.94%
Cash-on-cash
30.87%
DSCR
2.37
GRM
4.8

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold
IRR
47.8%
Equity multiple
4.58×
Total profit
$131,336
Equity at exit
$117,925
10-year hold
IRR
41.6%
Equity multiple
10.26×
Total profit
$339,537
Equity at exit
$254,310

Cash invested: $36,652 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
86 Strongly Landlord-Friendly
State Utah
86 Strongly Landlord-Friendly · R+15
County
— inherits STATE
City
— inherits STATE
3-day notice; preempted; landlord-favorable.

ZIP-level market 84071

Home prices YoY
6.5%
Active inventory
22
Price-to-rent
4.8×

Monthly cashflow live

Estimated rent
$2,262 medium interval (Pro) →
Mortgage (P&I)
$686
Tax from tax record
$103 /mo · $1,242/yr
Insurance
$55
HOA
$0
Vacancy / Maint / Mgmt
$475
Net cashflow
$943

Break-even live

Break-even rent $1,069
Max offer price $130,900
Occupancy floor 53%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$32,725
Closing costs
$3,927
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 6 events

  1. 2026-06-18
    days on market $130,900 Active 7 DOM
  2. 2026-06-17
    days on market $130,900 Active 6 DOM
  3. 2026-06-16
    days on market $130,900 Active 5 DOM
  4. 2026-06-15
    days on market $130,900 Active 4 DOM
  5. 2026-06-13
    remarks 598-char remark
  6. 2026-06-13
    listed $130,900 Active 2 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast UT · Resets to sale price

Current annual tax
$1,242 · $103/mo
Projected year-2 tax
$1,242 · $103/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 72% chance over 30 yrs
  • 🔥 Wildfire 10/10 Extreme
  • 🌡 Heat 4/10 Moderate 5 d/yr ≥93°F today · 12 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$27,148
− Mortgage interest
−$7,332
− Property taxes
−$1,242
− Insurance
−$654
− Repairs & maintenance
−$2,172
− Management
−$2,172
− Depreciation
−$3,808
Taxable income
$9,768
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,344
After-tax cash flow
$8,969/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Tooele District
NCES district ID
4901050
Math proficiency
32% ▼ -8.00%
Reading proficiency
34% ▼ -6.00%
Median HH income
$63,054
Composite
29.94/100
National rank
#6379
State rank
#62 of 80 in UT

Livability — Stockton

Score
63/100
State rank
#176
US rank
#15021

Category grades

Amenities F Commute F Cost of living A- Crime A+ Employment A+ Housing A+ Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Stockton, UT
Population (ZIP)
2,339

Population outlook (Tooele County) Hauer SSP2

Today (2025)
73,901 people
By 2030
79,080 · +7.0%
By 2040
89,127 · +20.6%
By 2050
98,460 · +33.2%
By 2075
115,767 · +56.7%
By 2100
122,453 · +65.7%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (86%)
Race & ethnicity
White 86% Hispanic / Latino 12% Two or more races 1%
Hispanic origin (detail)
Mexican 12%
Common ancestry
Italian 15% Slovak 4% Iranian 2%
Languages at home
88% English-only · Spanish 11%

Political lean MEDSL · Tooele

2024 margin
Solid R (+41.0) · D 28.1% · R 69.1% · Other 2.8%
2008→2024 swing
-11.2pp toward R · 2008: -29.8pp · 2024: -41.0pp
All cycles
2024: R+41.0 2020: R+38.3 2016: R+30.0 2012: R+51.4 2008: R+29.8

Not yet ingested

Civics

Market trends

HPI YoY
▲ 21.47%
Current HPI
350.16
Rent YoY
Metro
State GDP YoY
▲ 3.54%
F500 in state
2

Industry mix (Fortune 500 HQ in UT)

Industry F500 HQs Revenue

Price history

+191.5% since first listed
14 events — show timeline
  • 2026-06-11 Listed $130,900 WFRMLS
  • 2024-12-09 Sold (MLS) WFRMLS
  • 2024-12-06 Listing Removed WFRMLS
  • 2024-12-03 Pending WFRMLS
  • 2024-11-19 Listed $124,900 WFRMLS
  • 2024-11-19 Listed $124,900 WFRMLS
  • 2021-02-24 Sold (Public Records) Public Records
  • 2021-02-16 Pending WFRMLS
  • 2021-02-08 Relisted WFRMLS
  • 2021-02-03 Pending WFRMLS
  • 2021-01-31 Listed $95,000 WFRMLS
  • 2008-10-10 Sold (MLS) WFRMLS
  • 2008-06-06 Listed $44,900 WFRMLS
  • 2006-04-04 Sold (Public Records) Public Records

Property tax history

+6.4%/yr

Latest (2025): $1,242 · -17.2% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…