935 LOTUS BROOK, South Salt Lake, UT 84119
3BD/—BA Residential in South Salt Lake, UT 84119. 3,026 sqft. Built 2016. Listed at $550,000. MLS #2158587.
3BD/—BA Residential in South Salt Lake, UT 84119. 3,026 sqft. Built 2016. Listed at $550,000. MLS #2158587.
**Showings will start on Monday, May 18th, after 12.** Great home in a quiet area. Home needs some work and will be sold "As-Is." Opportunity for the right buyer to gain equity quickly with some repairs and updates to the home. Desirable floorplan with 3 bedrooms & 2 baths upstairs PLUS a loft/family room. Unfinished basement could easily add another 2 bedrooms, a bathroom, and a family room. Call to schedule a showing! Buyer to verify all info.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
DISTRICT
County
Salt Lake
Zoning
Single-Family
Construction
Cement Siding
Lot Size
0.1 sq ft
Above Grade Area
2,100 sq ft
Condition
Blt./Standing
MLS #
2158587
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Stories: 2
Stories
3
Subdivision
DISTRICT
County
Salt Lake
Zoning
Single-Family
Construction
Cement Siding
Lot Size
0.1 sq ft
Above Grade Area
2,100 sq ft
Condition
Blt./Standing
MLS #
2158587
List Price
$550,000
HOA Fees
$350 / Annually
Annual Taxes
$3,962
Home Warranty
No
List Price
$550,000
HOA Fees
$350 / Annually
Annual Taxes
$3,962
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Cement Siding
Appliances
Dryer,Microwave,Refrigerator,Washer
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Laminate,Tile
Basement
Full
Materials
Cement Siding
Appliances
Dryer,Microwave,Refrigerator,Washer
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Garage Spaces
2
Covered Spaces
2
Total Parking
4
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
100/100
vs Similar Homes
13% below
vs Market Median
25% below
Area Growth (YoY)
4.0%
Deal Score Breakdown
100/100 · 3 qualifying signals
LT net cashflow +$1,759/mo (+45.9% return on ownership cost) · STR net cashflow -$863/mo (-22.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 25% below the per-subtype city median
Priced 13% below the median of similar listings
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
$6,355/mo
Range: $4,479 – $8,230
Net Monthly Cash Flow
+$1,759 /mo (+$21,103/yr)
Monthly rental income
Monthly ownership cost
Coverage
166%
Net /mo
+$1,759
DSCR
2.04
Est. Annual Revenue
$50,913/yr
$395/night · 39% occupancy · $131/bedroom · $0.43/sqft
Net Monthly Cash Flow
−$864 /mo (−$10,364/yr)
Monthly STR income
Monthly ownership cost
Coverage
111%
Net /mo
−$863
DSCR
1.08
Elementary
Olene Walker ElementaryMiddle School
Granite ParkHigh School
CottonwoodSchool District
Granite
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$472,340
+16% vs median
64 days
33
$190,700 – $715,000
$3,962
$350/annually
High Crime
29.1
per 1,000
89.6
per 1,000
61.5
per 1,000
180.2
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

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

Devin Tanner - Utah Realtor
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