8333 S IRIS LUMI, Midvale, UT 84047
3BD/—BA Residential in Midvale, UT 84047. 1,360 sqft. Built 2026. Listed at $393,900. MLS #2145517.
3BD/—BA Residential in Midvale, UT 84047. 1,360 sqft. Built 2026. Listed at $393,900. MLS #2145517.
$393,900
HUGE PRICE REDUCTION!!! Final opportunity as we are closing out our move in ready units in Phase 1 at Jordan Bluff Condos.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
JORDAN BLUFFS
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Stone,Stucco
Above Grade Area
1,360 sq ft
Condition
Blt./Standing
MLS #
2145517
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
JORDAN BLUFFS
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Stone,Stucco
Above Grade Area
1,360 sq ft
Condition
Blt./Standing
MLS #
2145517
List Price
$393,900
HOA Fees
$200 / Monthly
Home Warranty
Yes
List Price
$393,900
HOA Fees
$200 / Monthly
Home Warranty
Yes
Flooring
Carpet,Laminate
Basement
None
Materials
Brick,Stone,Stucco
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Flooring
Carpet,Laminate
Basement
None
Materials
Brick,Stone,Stucco
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Classification
Standard
Deal Score
50/100
vs Similar Homes
0% below
vs Market Median
1% above
Area Growth (YoY)
3.0%
Deal Score Breakdown
50/100
Priced 0% below the median of similar listings
3.0% year-over-year ZHVI growth in this area
Priced 1% above the per-subtype city median
LT net cashflow -$622/mo (-22.9% return on ownership cost) · STR net cashflow -$996/mo (-36.6% 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
$2,383/mo
Range: $1,729 – $3,037
Net Monthly Cash Flow
−$622 /mo (−$7,465/yr)
Monthly rental income
Monthly ownership cost
Coverage
88%
Net /mo
−$622
DSCR
1.05
Est. Annual Revenue
$29,539/yr
$364/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$995 /mo (−$11,946/yr)
Monthly STR income
Monthly ownership cost
Coverage
91%
Net /mo
−$996
DSCR
0.86
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$440,000
-10% vs median
56 days
96
$234,900 – $768,112
$200/monthly
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