1088 NAYON, Layton, UT 84040
3BD/—BA Residential in Layton, UT 84040. 1,172 sqft. Built 1972. Listed at $284,999. MLS #2155379.
3BD/—BA Residential in Layton, UT 84040. 1,172 sqft. Built 1972. Listed at $284,999. MLS #2155379.
*** INVESTOR SPECIAL ***THIS HOME MORTGAGE IS ASSUMABLE WITH A SMALL AMOUNT BETWEEN THE ASKING PRICE AND THE PAYOFF & AT 3.625% RATE, THIS PLACE CAN'T BE BEAT!!!!! Great Investment Property. Ready for that established investor or first time buyer. Charming 3-bedroom, 1.75-bath (could be a full bath) condo that's perfect for first-time buyers! New Water Heater (2024), New Carpet, Stainless Steel Appliances, Ventilation upgraded, This cute home offers a private patio, generous front green space, and easy access to everyday amenities. Close to I-15 and Highway 89. Enjoy being within walking distance to restaurants, grocery stores, and a convenience store, plus a nearby park with a basketball court. Andy Adams Reservoir close by. Skip the rent and start building equity in a place you can call your own!
Property Type
Residential
Property Style
Condominium
Architectural Style
Stories: 2
Stories
2
Subdivision
NAYON HEIGHTS CONDO.
County
Davis
Zoning
Multi-Family
Construction
Aluminum,Brick
Lot Size
0.01 sq ft
Above Grade Area
1,172 sq ft
Condition
Blt./Standing
MLS #
2155379
Property Type
Residential
Property Style
Condominium
Architectural Style
Stories: 2
Stories
2
Subdivision
NAYON HEIGHTS CONDO.
County
Davis
Zoning
Multi-Family
Construction
Aluminum,Brick
Lot Size
0.01 sq ft
Above Grade Area
1,172 sq ft
Condition
Blt./Standing
MLS #
2155379
List Price
$284,999
HOA Fees
$200 / Monthly
Annual Taxes
$1,368
Home Warranty
No
List Price
$284,999
HOA Fees
$200 / Monthly
Annual Taxes
$1,368
Home Warranty
No
Heating
Electric,Wall Furnace
Cooling
Evaporative Cooling
Roof
Membrane
Flooring
Carpet,Laminate,Tile
Basement
Slab
Materials
Aluminum,Brick
Appliances
Ceiling Fan,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Electric,Wall Furnace
Cooling
Evaporative Cooling
Roof
Membrane
Flooring
Carpet,Laminate,Tile
Basement
Slab
Materials
Aluminum,Brick
Appliances
Ceiling Fan,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
1
Total Parking
2
Covered Spaces
1
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
62/100
vs Similar Homes
33% above
vs Market Median
27% above
Area Growth (YoY)
5.2%
Deal Score Breakdown
62/100 · 1 qualifying signal
5.2% year-over-year ZHVI growth in this area
LT net cashflow -$364/mo (-17.1% return on ownership cost) · STR net cashflow -$586/mo (-27.6% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 33% above the median of similar listings
Priced 27% above the per-subtype city median
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
$2,001/mo
Range: $1,265 – $2,737
Net Monthly Cash Flow
−$364 /mo (−$4,364/yr)
Monthly rental income
Monthly ownership cost
Coverage
94%
Net /mo
−$364
DSCR
1.23
Est. Annual Revenue
$26,368/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$587 /mo (−$7,048/yr)
Monthly STR income
Monthly ownership cost
Coverage
103%
Net /mo
−$586
DSCR
1.08
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$500,000
-43% vs median
50 days
210
$214,900 – $2,199,000
$1,368
$200/monthly
Moderate
9.3
per 1,000
25.7
per 1,000
9.3
per 1,000
44.4
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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