246 HELM, South Salt Lake, UT 84115
2BD/—BA Residential in South Salt Lake, UT 84115. 803 sqft. Built 1965. Listed at $175,000. MLS #2165987.
2BD/—BA Residential in South Salt Lake, UT 84115. 803 sqft. Built 1965. Listed at $175,000. MLS #2165987.
2 BEDROOM, MAIN-FLOOR UNIT, HARDWOOD FLOORS, PRIVATE PATIO OVERLOOKING THE COURTYARD, PARKING SPACE RIGHT BY THE ENTRY, BICYCLE PARKING, BASKETBALL HOOP IN THE GUEST PARKING AREA, FULLY LANDSCAPED
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
VILLA CHABLIS WEST
County
Salt Lake
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
803 sq ft
Condition
Blt./Standing
MLS #
2165987
Property Type
Residential
Property Style
Condominium
Architectural Style
Condo; Main Level
Stories
1
Subdivision
VILLA CHABLIS WEST
County
Salt Lake
Construction
Brick
Lot Size
0.01 sq ft
Above Grade Area
803 sq ft
Condition
Blt./Standing
MLS #
2165987
List Price
$175,000
HOA Fees
$360 / Monthly
Annual Taxes
$929
Home Warranty
No
List Price
$175,000
HOA Fees
$360 / Monthly
Annual Taxes
$929
Home Warranty
No
Heating
Forced Air,Gas: Central
Flooring
Hardwood,Tile
Basement
None
Materials
Brick
Appliances
Refrigerator
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Forced Air,Gas: Central
Flooring
Hardwood,Tile
Basement
None
Materials
Brick
Appliances
Refrigerator
Patio & Porch
Covered
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
1
Covered Spaces
0
Total Parking
1
Why this is a deal
Classification
Exceptional DealDeal Score
100/100
vs Similar Homes
33% below
vs Market Median
18% below
Area Growth (YoY)
1.6%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 33% below the median of similar listings
Priced 18% below the per-subtype city median
1.6% year-over-year ZHVI growth in this area
LT net cashflow -$306/mo (-19.8% return on ownership cost) · STR net cashflow -$437/mo (-28.2% 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
$1,413/mo
Range: $1,020 – $1,807
Net Monthly Cash Flow
−$306 /mo (−$3,675/yr)
Monthly rental income
Monthly ownership cost
Coverage
91%
Net /mo
−$306
DSCR
1.42
Est. Annual Revenue
$19,070/yr
$389/night · 39% occupancy · $132/bedroom · $0.42/sqft
Net Monthly Cash Flow
−$437 /mo (−$5,245/yr)
Monthly STR income
Monthly ownership cost
Coverage
103%
Net /mo
−$437
DSCR
1.27
Elementary
LincolnMiddle School
Granite ParkHigh School
Granite PeaksSchool District
Granite
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
15
Available Providers
$466,000
-62% vs median
48 days
44
$175,000 – $799,900
$929
$360/monthly
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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