5802 4580, Kearns, UT 84118
3BD/—BA Residential in Kearns, UT 84118. 1,041 sqft. Built 1955. Listed at $382,000. MLS #2167169.
3BD/—BA Residential in Kearns, UT 84118. 1,041 sqft. Built 1955. Listed at $382,000. MLS #2167169.
We are priced well below the comps in the area! Talk about potential inside and outside! The main floor is beautiful and ready to move in. Updated 3 bed/1 bath, kitchen laundry room and living room. This 1,040 sqft is the only living space. Then time to get your creativity flowing. 1. The 'basement' is accessed through a 2 feet hatch in the laundry room. Please don't think there is a staircase. Once you lift the hatch there is a ladder to climb down. BUT it has 832 sq ft. and 8 foot + ceilings. It is unfinished Surely there is some way to make that a livable and usable space. 2. This is a large lot. Untapped rental income. Kearns city has said ADU is a possibility -- like a tiny house. It is curbed for an additional driveway on the southside of the house. (buyer to check out requirements by calling the city, or their website and any other needed resources). 3. Storage app: RV or Boat storage apps. Based on the land the app quoted the owners a few hundred dollars monthly. This is a great opportunity for a first time homebuyer to get a great property for a reduced price. Or an investor that wants to utilize unexplored opportunities on this property!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
HOFFMAN HEIGHTS
County
Salt Lake
Zoning
Single-Family, Short Term Rental Allowed
Lot Size
0.17 sq ft
Above Grade Area
1,040 sq ft
Condition
Blt./Standing
MLS #
2167169
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
HOFFMAN HEIGHTS
County
Salt Lake
Zoning
Single-Family, Short Term Rental Allowed
Lot Size
0.17 sq ft
Above Grade Area
1,040 sq ft
Condition
Blt./Standing
MLS #
2167169
List Price
$382,000
Annual Taxes
$2,199
Home Warranty
No
List Price
$382,000
Annual Taxes
$2,199
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Basement
Partial
Appliances
Microwave
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Basement
Partial
Appliances
Microwave
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
4
Covered Spaces
0
Total Parking
4
Why this is a deal
Classification
Standard
Deal Score
65/100
vs Similar Homes
6% below
vs Market Median
150% above
Area Growth (YoY)
3.3%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 6% below the median of similar listings
3.3% year-over-year ZHVI growth in this area
Priced 150% above the per-subtype city median
LT net cashflow -$1,602/mo (-61.1% return on ownership cost) · STR net cashflow -$1,851/mo (-70.6% 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
$1,159/mo
Range: $822 – $1,497
Net Monthly Cash Flow
−$1,602 /mo (−$19,226/yr)
Monthly rental income
Monthly ownership cost
Coverage
44%
Net /mo
−$1,602
DSCR
0.53
Est. Annual Revenue
$13,223/yr
$154/night · 56% occupancy · $59/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$1,850 /mo (−$22,203/yr)
Monthly STR income
Monthly ownership cost
Coverage
42%
Net /mo
−$1,851
DSCR
0.40
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$435,000
-12% vs median
65 days
24
$310,000 – $600,000
$2,199
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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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