8345 IRIS LUMI, Midvale, UT 84047
3BD/—BA Residential in Midvale, UT 84047. 1,270 sqft. Built 2022. Listed at $394,000. MLS #2161323.
3BD/—BA Residential in Midvale, UT 84047. 1,270 sqft. Built 2022. Listed at $394,000. MLS #2161323.
This beautiful condo is move in ready. With a spacious 3 bedrooms, 2 baths, a covered patio, end covered parking spot, and a common area fire pit to enjoy, this home is a must see.
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
JORDAN HEIGHTS AT 78
County
Salt Lake
Zoning
Multi-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
0.01 sq ft
Above Grade Area
1,270 sq ft
Condition
Blt./Standing
MLS #
2161323
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Middle Level
Stories
1
Subdivision
JORDAN HEIGHTS AT 78
County
Salt Lake
Zoning
Multi-Family
Construction
Stone,Stucco,Cement Siding
Lot Size
0.01 sq ft
Above Grade Area
1,270 sq ft
Condition
Blt./Standing
MLS #
2161323
List Price
$394,000
HOA Fees
$200 / Monthly
Annual Taxes
$2,425
Home Warranty
No
List Price
$394,000
HOA Fees
$200 / Monthly
Annual Taxes
$2,425
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Flat
Flooring
Carpet
Basement
None
Materials
Stone,Stucco,Cement Siding
Appliances
Portable Dishwasher,Dryer,Freezer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Flat
Flooring
Carpet
Basement
None
Materials
Stone,Stucco,Cement Siding
Appliances
Portable Dishwasher,Dryer,Freezer,Microwave,Refrigerator,Washer
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
1
Total Parking
3
Covered Spaces
1
Total Parking
3
Classification
Standard
Deal Score
50/100
vs Similar Homes
1% below
vs Market Median
3% above
Area Growth (YoY)
2.7%
Deal Score Breakdown
50/100
Priced 1% below the median of similar listings
Priced 3% above the per-subtype city median
2.7% year-over-year ZHVI growth in this area
LT net cashflow -$883/mo (-30.4% return on ownership cost) · STR net cashflow -$1,291/mo (-44.4% 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.
Monthly Rent
$2,298/mo
Range: $2,182 – $2,413
Net Monthly Cash Flow
−$883 /mo (−$10,599/yr)
Monthly rental income
Monthly ownership cost
Coverage
79%
Net /mo
−$883
DSCR
1.02
Est. Annual Revenue
$27,670/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,290 /mo (−$15,485/yr)
Monthly STR income
Monthly ownership cost
Coverage
79%
Net /mo
−$1,291
DSCR
0.82
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$449,900
-12% vs median
48 days
99
$250,000 – $850,000
$2,425
$200/monthly
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