7708 GLENWOOD, Magna, UT 84044
5BD/—BA Residential in Magna, UT 84044. 2,174 sqft. Built 1956. Listed at $479,999. MLS #2166959.
5BD/—BA Residential in Magna, UT 84044. 2,174 sqft. Built 1956. Listed at $479,999. MLS #2166959.
Charming Magna Rambler with Income Potential Sold As-Is! Nestled on a spacious 0.24-acre lot, this well-maintained home offers incredible versatility and room to grow. The standout feature is a fully equipped basement apartment with its own private walk-out entrance, perfect for multi-generational living or rental income. Enjoy a massive backyard with endless possibilities for entertainment, or storage. Property is in good condition and being sold as-is. Buyer to verify all listing information.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
LAKERIDGE SUB #4
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.24 sq ft
Above Grade Area
1,087 sq ft
Condition
Blt./Standing
MLS #
2166959
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
LAKERIDGE SUB #4
County
Salt Lake
Zoning
Single-Family
Construction
Brick
Lot Size
0.24 sq ft
Above Grade Area
1,087 sq ft
Condition
Blt./Standing
MLS #
2166959
List Price
$479,999
Annual Taxes
$2,480
Home Warranty
No
List Price
$479,999
Annual Taxes
$2,480
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood
Basement
Full
Materials
Brick
Sewer
Sewer: Connected
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Hardwood
Basement
Full
Materials
Brick
Sewer
Sewer: Connected
Garage Spaces
1
Covered Spaces
1
Total Parking
7
Garage Spaces
1
Covered Spaces
1
Total Parking
7
Classification
Strong Cash FlowDeal Score
55/100
vs Similar Homes
4% above
vs Market Median
13% above
Area Growth (YoY)
4.7%
Deal Score Breakdown
55/100
LT net cashflow +$43/mo (+1.3% return on ownership cost) · STR net cashflow -$1,784/mo (-54.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
4.7% year-over-year ZHVI growth in this area
Priced 4% above the median of similar listings
Priced 13% 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
$3,749/mo
Range: $2,606 – $4,893
Net Monthly Cash Flow
+$43 /mo (+$514/yr)
Monthly rental income
Monthly ownership cost
Coverage
115%
Net /mo
+$43
DSCR
1.37
Est. Annual Revenue
$25,231/yr
$154/night · 56% occupancy · $59/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$1,784 /mo (−$21,403/yr)
Monthly STR income
Monthly ownership cost
Coverage
65%
Net /mo
−$1,784
DSCR
0.61
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$444,900
+8% vs median
62 days
89
$249,900 – $765,000
$2,480
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