4360 5740, Kearns, UT 84118
3BD/—BA Residential in Kearns, UT 84118. 1,053 sqft. Built 1955. Listed at $385,900. MLS #2161850.
3BD/—BA Residential in Kearns, UT 84118. 1,053 sqft. Built 1955. Listed at $385,900. MLS #2161850.
Fantastic opportunity for first time buyers, investors, or anyone looking for a well maintained home in a growing area. This home features a new AC unit, and a new furnace system for added comfort and peace of mind. The current owner has thoughtfully xeriscaped much of the front and back yard, creating an attractive, low maintenance outdoor space. The backyard also features a spacious fire pit area, perfect for relaxing evenings, entertaining guests, and enjoying time outdoors year round. Located in a quiet neighborhood with great neighbors, this home offers convenient access to shopping, restaurants, parks, schools, and downtown Salt Lake City. Kearns continues to see growth and investment, making it an area worth considering. First time home buyers may qualify for a $10,000 homebuyer grant through the town of Kearns. Income restrictions and other qualifications apply. Contact us for details. Be sure to ask about our Preferred Lender Incentive. Qualified buyers may receive 1% back at closing to use in the way that benefits them most, whether that's lowering the purchase price, reducing monthly mortgage payments, covering closing costs, or buying down the interest rate. Reach out today to learn more.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
Subdivision
HOFFMAN HEIGHTS
County
Salt Lake
Construction
Aluminum
Lot Size
0.15 sq ft
Above Grade Area
1,053 sq ft
Condition
Blt./Standing
MLS #
2161850
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
1
Subdivision
HOFFMAN HEIGHTS
County
Salt Lake
Construction
Aluminum
Lot Size
0.15 sq ft
Above Grade Area
1,053 sq ft
Condition
Blt./Standing
MLS #
2161850
List Price
$385,900
Annual Taxes
$1,357
Home Warranty
No
List Price
$385,900
Annual Taxes
$1,357
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
None
Materials
Aluminum
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
None
Materials
Aluminum
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open,Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
5
Covered Spaces
0
Total Parking
5
Classification
Standard
Deal Score
50/100
vs Similar Homes
3% below
vs Market Median
2% above
Area Growth (YoY)
3.3%
Deal Score Breakdown
50/100
Priced 3% below the median of similar listings
3.3% year-over-year ZHVI growth in this area
Priced 2% above the per-subtype city median
LT net cashflow -$1,545/mo (-60.0% return on ownership cost) · STR net cashflow -$1,800/mo (-69.9% 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
$1,173/mo
Range: $831 – $1,514
Net Monthly Cash Flow
−$1,545 /mo (−$18,539/yr)
Monthly rental income
Monthly ownership cost
Coverage
46%
Net /mo
−$1,545
DSCR
0.53
Est. Annual Revenue
$13,314/yr
$154/night · 56% occupancy · $59/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$1,799 /mo (−$21,593/yr)
Monthly STR income
Monthly ownership cost
Coverage
43%
Net /mo
−$1,800
DSCR
0.40
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$435,000
-11% vs median
65 days
24
$310,000 – $600,000
$1,357
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Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Devin Tanner - Utah Realtor
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