709 400, Salt Lake City, UT 84116
3BD/—BA Residential in Salt Lake City, UT 84116. 1,060 sqft. Built 1915. Listed at $289,000. MLS #2173976.
3BD/—BA Residential in Salt Lake City, UT 84116. 1,060 sqft. Built 1915. Listed at $289,000. MLS #2173976.
This is your opportunity to get into home ownership at an affordable price! This charming cottage is minutes from downtown SLC and close to all the amenities SLC has to offer. This home offers ease of loving with very little yard maintenance, you are free to have adventure on your weekends! Speaking of adventure, Snowbird and ALta ski resorts are within a reasonable distance from this home. Featuring 3 bedrooms and 1 bath this would be the perfect starter home, investment property or also a great home if you are looking to downsize.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Cement Siding
Lot Size
0.03 sq ft
Above Grade Area
628 sq ft
Condition
Blt./Standing
MLS #
2173976
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
County
Salt Lake
Zoning
Single-Family
Construction
Brick,Cement Siding
Lot Size
0.03 sq ft
Above Grade Area
628 sq ft
Condition
Blt./Standing
MLS #
2173976
List Price
$289,000
Annual Taxes
$1,164
Home Warranty
No
List Price
$289,000
Annual Taxes
$1,164
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Tile,Concrete
Basement
Full
Materials
Brick,Cement Siding
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Tile,Concrete
Basement
Full
Materials
Brick,Cement Siding
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s)
Covered Spaces
0
Total Parking
0
Covered Spaces
0
Total Parking
0
Listing facts changed since this intelligence snapshot was scored.
Review the current MLS facts before relying on AVM-backed pricing or investment metrics.
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
29% below
vs Market Median
28% below
Area Growth (YoY)
4.0%
Deal Score Breakdown
100/100 · 3 qualifying signals
Priced 29% below the median of similar listings
Priced 28% below the per-subtype city median
LT net cashflow +$772/mo (+39.2% return on ownership cost) · STR net cashflow -$1,216/mo (-61.8% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
4.0% year-over-year ZHVI growth in this area
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
$3,114/mo
Range: $2,280 – $3,948
Net Monthly Cash Flow
+$772 /mo (+$9,263/yr)
Monthly rental income
Monthly ownership cost
Coverage
158%
Net /mo
+$772
DSCR
1.84
Est. Annual Revenue
$12,885/yr
$155/night · 54% occupancy · $59/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$1,216 /mo (−$14,596/yr)
Monthly STR income
Monthly ownership cost
Coverage
55%
Net /mo
−$1,216
DSCR
0.51
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$587,500
-51% vs median
41 days
744
$11,000 – $7,995,000
$1,164
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.
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Daryn Edmunds - High Road Properties

Salt Lake City Real Estate Broker Focused on Pricing, Positioning, and Results

Salt Lake City Specialist Driving Smart Home Deals
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents