4716 GRADY, Riverton, UT 84096
3BD/—BA Residential in Riverton, UT 84096. 1,337 sqft. Built 2024. Listed at $374,900. MLS #2155747.
3BD/—BA Residential in Riverton, UT 84096. 1,337 sqft. Built 2024. Listed at $374,900. MLS #2155747.
With PREFERRED lender closing costs and rate buy down incentives are available! **Move-in ready Mountain Ridge condo with rental potential + long-term investment upside!** This beautifully maintained Riverton condo checks the boxes buyers and future investors are looking for: newer 2024 build, 3 bedrooms, 2 bathrooms, 1,337 sq. ft., flexible bonus nook, 1-car garage, additional parking access, and low-maintenance living in a highly desirable community. The open layout feels fresh, clean, and functional from the moment you walk in, with a bonus flex space perfect for a home office, workout area, reading nook, play space, or extra storage. Enjoy access to sought-after HOA amenities including clubhouses, fitness center, pools, parks, nearby schools, and quick access to Mountain View Corridor and Bangerter Highway. And here's the wealth-building wink: **rentals are permitted**, giving this home future income-producing potential. Zillow's Rent Zestimate is currently approximately **$2,261/month**, making this a smart option for buyers who want to live in it now and potentially turn it into a rental investment later. Move in. Build equity. Create options. That's the kind of real estate math we love!
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
MOUNTAIN RIDGE
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,337 sq ft
Condition
Blt./Standing
MLS #
2155747
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Top Level
Stories
1
Subdivision
MOUNTAIN RIDGE
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,337 sq ft
Condition
Blt./Standing
MLS #
2155747
List Price
$374,900
HOA Fees
$295 / Monthly
Annual Taxes
$2,015
Home Warranty
Yes
List Price
$374,900
HOA Fees
$295 / Monthly
Annual Taxes
$2,015
Home Warranty
Yes
Heating
Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Brick,Stucco
Appliances
Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central,>= 95% efficiency
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Brick,Stucco
Appliances
Refrigerator
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
1
Covered Spaces
1
Total Parking
2
Garage Spaces
1
Covered Spaces
1
Total Parking
2
Classification
Standard
Deal Score
45/100
vs Similar Homes
10% above
vs Market Median
6% above
Area Growth (YoY)
4.7%
Deal Score Breakdown
45/100
4.7% year-over-year ZHVI growth in this area
Priced 6% above the per-subtype city median
LT net cashflow -$328/mo (-11.5% return on ownership cost) · STR net cashflow -$1,180/mo (-41.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 10% above the median of similar listings
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
$2,860/mo
Range: $2,674 – $3,045
Net Monthly Cash Flow
−$328 /mo (−$3,932/yr)
Monthly rental income
Monthly ownership cost
Coverage
101%
Net /mo
−$328
DSCR
1.34
Est. Annual Revenue
$28,537/yr
$358/night · 41% occupancy · $123/bedroom · $0.38/sqft
Net Monthly Cash Flow
−$1,181 /mo (−$14,167/yr)
Monthly STR income
Monthly ownership cost
Coverage
84%
Net /mo
−$1,180
DSCR
0.88
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$630,000
-40% vs median
54 days
101
$329,900 – $2,200,000
$2,015
$295/monthly
Low Crime
4.2
per 1,000
16.6
per 1,000
1.9
per 1,000
22.7
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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