742 400, Payson, UT 84651
4BD/—BA Residential in Payson, UT 84651. 1,966 sqft. Built 1940. Listed at $390,000. MLS #2137675.
4BD/—BA Residential in Payson, UT 84651. 1,966 sqft. Built 1940. Listed at $390,000. MLS #2137675.
Discover the potential of this 1,966 sq. ft. rambler/ranch style home located in the heart of Payson. This residence offers a functional layout featuring 4 bedrooms and 2 bathrooms distributed evenly across the main floor and a 100% finished basement. The interior boasts durable laminate and carpet flooring,. Comfort is maintained year-round with forced air heating and a roof-mounted evaporative cooler. Situated on a 0.18-acre lot, the exterior is fully landscaped and includes a fully fenced yard, a patio, and a convenient storage shed. Parking is provided by a 1-car carport. Located within the Nebo School District, students have access to Wilson Elementary and Payson High School. Please note: This is a short sale requiring third-party approval. The property is being sold "as is". Square footage figures are provided as courtesy estimates only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Asbestos
Lot Size
0.18 sq ft
Above Grade Area
983 sq ft
Condition
Blt./Standing
MLS #
2137675
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
County
Utah
Zoning
Single-Family
Construction
Asbestos
Lot Size
0.18 sq ft
Above Grade Area
983 sq ft
Condition
Blt./Standing
MLS #
2137675
List Price
$390,000
Original Price
$400,000
Annual Taxes
$2,380
Home Warranty
No
List Price
$390,000
Original Price
$400,000
Annual Taxes
$2,380
Home Warranty
No
Heating
Forced Air
Cooling
Evaporative Cooling
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
Full
Materials
Asbestos
Appliances
Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air
Cooling
Evaporative Cooling
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
Full
Materials
Asbestos
Appliances
Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Garage Spaces
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
26% below
vs Market Median
13% below
Price Reduced
2.5%
Area Growth (YoY)
4.4%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 26% below the median of similar listings
Priced 13% below the per-subtype city median
4.4% year-over-year ZHVI growth in this area
3% price reduction from original list — seller may be motivated
LT net cashflow -$829/mo (-30.8% return on ownership cost) · STR net cashflow -$962/mo (-35.7% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$2,120/mo
Range: $1,590 – $2,649
Net Monthly Cash Flow
−$828 /mo (−$9,942/yr)
Monthly rental income
Monthly ownership cost
Coverage
79%
Net /mo
−$829
DSCR
0.94
Est. Annual Revenue
$29,693/yr
$283/night · 41% occupancy · $113/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$962 /mo (−$11,545/yr)
Monthly STR income
Monthly ownership cost
Coverage
92%
Net /mo
−$962
DSCR
0.88
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
12
Available Providers
$483,000
-19% vs median
63 days
104
$259,500 – $4,500,000
$2,380
Low Crime
5.7
per 1,000
13.8
per 1,000
10.9
per 1,000
30.5
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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Daryn Edmunds - High Road Properties

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