986 SLATE CANYON, Provo, UT 84606
4BD/—BA Residential in Provo, UT 84606. 2,963 sqft. Built 1997. Listed at $549,900. MLS #2169635.
4BD/—BA Residential in Provo, UT 84606. 2,963 sqft. Built 1997. Listed at $549,900. MLS #2169635.
Enjoy an open floor plan with a large kitchen, ideal for entertaining. This home has two bedrooms on each floor and three full baths. Master bedroom features a walk-in closet and a large bathroom with a jetted tub and separate shower. Looking for entertainment? The huge basement includes a projector and surround sound system, perfect for movie nights. There's also a bonus room and a spacious storage room to meet all your needs. Step outside and enjoy the private fenced backyard with mature cherry and nectarine trees. Covered deck is perfect for grilling. Love nature? This property is just minutes walk from the Slate Canyon and Bonneville Shoreline trailheads. Convenience is key too, with I-15 and BYU located just 5 minutes away.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
RIDGE
County
Utah
Zoning
Single-Family
Construction
Stucco
Lot Size
0.14 sq ft
Above Grade Area
1,481 sq ft
Condition
Blt./Standing
MLS #
2169635
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
RIDGE
County
Utah
Zoning
Single-Family
Construction
Stucco
Lot Size
0.14 sq ft
Above Grade Area
1,481 sq ft
Condition
Blt./Standing
MLS #
2169635
List Price
$549,900
Annual Taxes
$2,766
Home Warranty
No
List Price
$549,900
Annual Taxes
$2,766
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Daylight,Entrance,Partial,Walk-Out Access
Materials
Stucco
Appliances
Freezer,Range Hood,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
Daylight,Entrance,Partial,Walk-Out Access
Materials
Stucco
Appliances
Freezer,Range Hood,Refrigerator
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Lake,Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
65/100
vs Similar Homes
8% below
vs Market Median
3% above
Area Growth (YoY)
3.5%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 8% below the median of similar listings
3.5% year-over-year ZHVI growth in this area
Priced 3% above the per-subtype city median
LT net cashflow -$885/mo (-23.8% return on ownership cost) · STR net cashflow -$1,509/mo (-40.5% 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
$3,226/mo
Range: $2,314 – $4,138
Net Monthly Cash Flow
−$885 /mo (−$10,621/yr)
Monthly rental income
Monthly ownership cost
Coverage
87%
Net /mo
−$885
DSCR
1.03
Est. Annual Revenue
$37,976/yr
$283/night · 41% occupancy · $114/bedroom · $0.17/sqft
Net Monthly Cash Flow
−$1,507 /mo (−$18,089/yr)
Monthly STR income
Monthly ownership cost
Coverage
85%
Net /mo
−$1,509
DSCR
0.80
Best Download
8 Gbps
Best Upload
8 Gbps
Fiber Available
Yes
Providers
10
Available Providers
$465,000
+18% vs median
44 days
234
$190,999 – $38,000,000
$2,766
Moderate
7.5
per 1,000
22.4
per 1,000
12.2
per 1,000
42.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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