475 REDWOOD RD #30, Salt Lake City, UT 84116
2BD/—BA Residential in Salt Lake City, UT 84116. 1,270 sqft. Built 1996. Listed at $319,990. MLS #2150244.
2BD/—BA Residential in Salt Lake City, UT 84116. 1,270 sqft. Built 1996. Listed at $319,990. MLS #2150244.
Freshly Remodeled & Perfectly Located. Welcome home to this pristine starter townhouse that has been lovingly cared for by its original owner. Recently updated from top to bottom, it offers a hassle-free move-in experience. Nestled in a very convenient location, you'll have easy access to schools, parks, shopping, and commuter routes.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
3
Subdivision
WINGATE VILLAGE
County
Salt Lake
Construction
Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,270 sq ft
Condition
Blt./Standing
MLS #
2150244
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
3
Subdivision
WINGATE VILLAGE
County
Salt Lake
Construction
Stucco
Lot Size
0.01 sq ft
Above Grade Area
1,270 sq ft
Condition
Blt./Standing
MLS #
2150244
List Price
$319,990
HOA Fees
$395 / Monthly
Annual Taxes
$1,512
Home Warranty
No
List Price
$319,990
HOA Fees
$395 / Monthly
Annual Taxes
$1,512
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Stucco
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Tile
Basement
None
Materials
Stucco
Laundry
Electric Dryer Hookup
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
1
Total Parking
2
Covered Spaces
1
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
65/100
vs Similar Homes
9% below
vs Market Median
2% above
Area Growth (YoY)
4.2%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 9% below the median of similar listings
4.2% year-over-year ZHVI growth in this area
Priced 2% above the per-subtype city median
LT net cashflow -$1,111/mo (-43.3% return on ownership cost) · STR net cashflow -$1,820/mo (-70.9% 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
$1,655/mo
Range: $1,469 – $1,841
Net Monthly Cash Flow
−$1,111 /mo (−$13,337/yr)
Monthly rental income
Monthly ownership cost
Coverage
65%
Net /mo
−$1,111
DSCR
0.90
Est. Annual Revenue
$12,807/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$1,819 /mo (−$21,830/yr)
Monthly STR income
Monthly ownership cost
Coverage
42%
Net /mo
−$1,820
DSCR
0.46
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
13
Available Providers
$575,000
-44% vs median
55 days
621
$184,000 – $7,995,000
$1,512
$395/monthly
High Crime
28.7
per 1,000
83.9
per 1,000
34.5
per 1,000
147.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
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