892 IBIS, Farmington, UT 84025
3BD/—BA Residential in Farmington, UT 84025. 1,625 sqft. Built 2006. Listed at $425,000. MLS #2164593.
3BD/—BA Residential in Farmington, UT 84025. 1,625 sqft. Built 2006. Listed at $425,000. MLS #2164593.
Perfectly positioned for convenience, this beautifully refreshed townhome showcases a host of recent updates, including fresh designer-inspired paint, luxury vinyl plank flooring, updated baseboards, and contemporary lighting. The modern finishes create a bright and inviting living space while the central location places shopping, dining, entertainment, and transportation options just minutes away. A turnkey opportunity for buyers seeking both style and convenience.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
2
Subdivision
FARMINGTON CROSSING
County
Davis
Zoning
Single-Family
Construction
Asphalt,Stone,Stucco
Lot Size
0.03 sq ft
Above Grade Area
1,625 sq ft
Condition
Blt./Standing
MLS #
2164593
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
2
Subdivision
FARMINGTON CROSSING
County
Davis
Zoning
Single-Family
Construction
Asphalt,Stone,Stucco
Lot Size
0.03 sq ft
Above Grade Area
1,625 sq ft
Condition
Blt./Standing
MLS #
2164593
List Price
$425,000
HOA Fees
$225 / Monthly
Annual Taxes
$2,241
Home Warranty
No
List Price
$425,000
HOA Fees
$225 / Monthly
Annual Taxes
$2,241
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Slab
Materials
Asphalt,Stone,Stucco
Appliances
Ceiling Fan,Microwave,Refrigerator,Water Softener Owned
Patio & Porch
Porch: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected
View
Mountain(s)
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Slab
Materials
Asphalt,Stone,Stucco
Appliances
Ceiling Fan,Microwave,Refrigerator,Water Softener Owned
Patio & Porch
Porch: Open
Water Source
Culinary,Irrigation: Pressure
Sewer
Sewer: Connected
View
Mountain(s)
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
65/100
vs Similar Homes
7% below
vs Market Median
2% above
Area Growth (YoY)
4.0%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 7% below the median of similar listings
4.0% year-over-year ZHVI growth in this area
Priced 2% above the per-subtype city median
LT net cashflow -$1,227/mo (-39.4% return on ownership cost) · STR net cashflow -$1,240/mo (-39.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$2,142/mo
Range: $1,674 – $2,611
Net Monthly Cash Flow
−$1,227 /mo (−$14,722/yr)
Monthly rental income
Monthly ownership cost
Coverage
69%
Net /mo
−$1,227
DSCR
0.88
Est. Annual Revenue
$32,080/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,240 /mo (−$14,886/yr)
Monthly STR income
Monthly ownership cost
Coverage
86%
Net /mo
−$1,240
DSCR
0.88
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$725,760
-41% vs median
56 days
70
$299,990 – $4,350,000
$2,241
$225/monthly
Low Crime
4.9
per 1,000
18.6
per 1,000
9.7
per 1,000
33.3
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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