537 BLUE, Garden City, UT 84028
3BD/—BA Residential in Garden City, UT 84028. 2,065 sqft. Built 2023. Listed at $68,500. MLS #2141019.
3BD/—BA Residential in Garden City, UT 84028. 2,065 sqft. Built 2023. Listed at $68,500. MLS #2141019.
This is a fractional unit! PET FRIENDLY UNIT! 6 weeks of vacation time! Great opportunity to 1/8th of a fully furnished townhome that is turnkey for short term rentals in Bear Lake!! . Right next to Mike's market and walking distance to the Marina! 20 minutes to the ski resort! Option to buy another share.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
2
County
Rich
Zoning
Single-Family, Short Term Rental Allowed
Lot Size
0.03 sq ft
Above Grade Area
2,065 sq ft
Condition
Blt./Standing
MLS #
2141019
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
2
County
Rich
Zoning
Single-Family, Short Term Rental Allowed
Lot Size
0.03 sq ft
Above Grade Area
2,065 sq ft
Condition
Blt./Standing
MLS #
2141019
List Price
$68,500
HOA Fees
$200 / Monthly
Annual Taxes
$1
Home Warranty
No
List Price
$68,500
HOA Fees
$200 / Monthly
Annual Taxes
$1
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Basement
None
Sewer
Sewer: Connected
Heating
Forced Air
Cooling
Central Air
Basement
None
Sewer
Sewer: Connected
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
81% below
vs Market Median
86% below
Area Growth (YoY)
6.1%
Deal Score Breakdown
100/100 · 4 qualifying signals
LT net cashflow +$1,498/mo (+233.8% return on ownership cost) · STR net cashflow +$513/mo (+80.1% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 81% below the median of similar listings
Priced 86% below the per-subtype city median
6.1% year-over-year ZHVI growth in this area
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
$2,430/mo
Range: $1,812 – $3,048
Net Monthly Cash Flow
+$1,497 /mo (+$17,968/yr)
Monthly rental income
Monthly ownership cost
Coverage
379%
Net /mo
+$1,498
DSCR
6.12
Est. Annual Revenue
$19,776/yr
$355/night · 41% occupancy · $110/bedroom · $0.19/sqft
Net Monthly Cash Flow
+$513 /mo (+$6,160/yr)
Monthly STR income
Monthly ownership cost
Coverage
257%
Net /mo
+$513
DSCR
3.30
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
5
Available Providers
$655,000
-90% vs median
135 days
185
$68,500 – $4,400,000
$1
$200/monthly
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