542 LAND RUSH, Midvale, UT 84047
3BD/—BA Residential in Midvale, UT 84047. 2,098 sqft. Built 1997. Listed at $575,000. MLS #2167626.
3BD/—BA Residential in Midvale, UT 84047. 2,098 sqft. Built 1997. Listed at $575,000. MLS #2167626.
This charming 55+ Community is extremely well kept inside and out. Gated Community with privacy and all the quiet one could want. The floor plan is perfection with an open concept and vaulted ceilings on the main floor. Small fenced back yard for your pets or friendly back yard parties. The Community is walkable and has all the amenities you could possibly enjoy.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
HOMESTEAD VILLAGE
County
Salt Lake
Zoning
Single-Family
Construction
Asphalt,Stucco
Lot Size
0.08 sq ft
Above Grade Area
1,340 sq ft
Condition
Blt./Standing
MLS #
2167626
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
HOMESTEAD VILLAGE
County
Salt Lake
Zoning
Single-Family
Construction
Asphalt,Stucco
Lot Size
0.08 sq ft
Above Grade Area
1,340 sq ft
Condition
Blt./Standing
MLS #
2167626
List Price
$575,000
HOA Fees
$265 / Monthly
Annual Taxes
$3,295
Home Warranty
No
List Price
$575,000
HOA Fees
$265 / Monthly
Annual Taxes
$3,295
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Linoleum
Basement
Daylight,Partial
Materials
Asphalt,Stucco
Appliances
Portable Dishwasher,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Linoleum
Basement
Daylight,Partial
Materials
Asphalt,Stucco
Appliances
Portable Dishwasher,Microwave,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Classification
Standard
Deal Score
50/100
vs Similar Homes
3% below
vs Market Median
86% above
Area Growth (YoY)
3.1%
Deal Score Breakdown
50/100
Priced 3% below the median of similar listings
3.1% year-over-year ZHVI growth in this area
LT net cashflow -$851/mo (-20.2% return on ownership cost) · STR net cashflow -$2,029/mo (-48.2% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 86% 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
$3,818/mo
Range: $3,134 – $4,502
Net Monthly Cash Flow
−$851 /mo (−$10,209/yr)
Monthly rental income
Monthly ownership cost
Coverage
91%
Net /mo
−$851
DSCR
1.16
Est. Annual Revenue
$37,394/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$2,029 /mo (−$24,343/yr)
Monthly STR income
Monthly ownership cost
Coverage
74%
Net /mo
−$2,029
DSCR
0.75
Elementary
East MidvaleMiddle School
MidvaleHigh School
HillcrestSchool District
Canyons
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$444,900
+29% vs median
53 days
105
$219,999 – $850,000
$3,295
$265/monthly
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Daryn Edmunds - High Road Properties

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Devin Tanner - Utah Realtor
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