5502 VICTORY LAP, West Valley City, UT 84120
4BD/—BA Residential in West Valley City, UT 84120. 2,243 sqft. Built 2021. Listed at $499,900. MLS #2153503.
4BD/—BA Residential in West Valley City, UT 84120. 2,243 sqft. Built 2021. Listed at $499,900. MLS #2153503.
Modern design, unbeatable views, and rare investment flexibility make this exceptional end-unit townhome in the highly sought-after Erin Hills Townhomes a standout opportunity in the heart of Salt Lake Valley! Conveniently located near schools, shopping, restaurants, and the new University of Utah Hospital site, this home offers both lifestyle and location! This contemporary multi-level floor plan features 4 bedrooms and 4 bathrooms, including two spacious primary suites-perfect for guests, roommates, multi-generational living, or added rental appeal. As a highly desirable end unit, large windows on three sides fill the home with natural light and create a bright, airy feel throughout! The beautifully appointed kitchen features quartz countertops, stainless steel appliances, and a functional layout designed for everyday living and entertaining. A second-level deck just off the main living space provides the perfect spot for morning coffee, outdoor dining, or weekend BBQs! The crown jewel of the home is the private fourth-level rooftop deck, where you'll enjoy stunning mountain views, sparkling valley lights, and unforgettable sunsets! Adding even more value, this rare community allows short-term rentals, making it an ideal primary residence, second home, or investment property! Residents also enjoy access to community amenities including a playground, pickleball courts, and a picnic area with a gazebo for gatherings and celebrations! Opportunities like this don't come along often! Stylish, versatile, and perfectly located, this home truly has it all! Buyer to verify square footage and all listing details.
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
4
Subdivision
ERIN HILLS TOWNHOMES
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Stucco,Cement Siding
Lot Size
0.02 sq ft
Above Grade Area
2,243 sq ft
Condition
Blt./Standing
MLS #
2153503
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-end
Stories
4
Subdivision
ERIN HILLS TOWNHOMES
County
Salt Lake
Zoning
Multi-Family
Construction
Brick,Stucco,Cement Siding
Lot Size
0.02 sq ft
Above Grade Area
2,243 sq ft
Condition
Blt./Standing
MLS #
2153503
List Price
$499,900
Original Price
$509,900
HOA Fees
$150 / Monthly
Annual Taxes
$2,900
Home Warranty
No
List Price
$499,900
Original Price
$509,900
HOA Fees
$150 / Monthly
Annual Taxes
$2,900
Home Warranty
No
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Flat,Membrane
Flooring
Carpet,Tile
Basement
None
Materials
Brick,Stucco,Cement Siding
Appliances
Microwave,Refrigerator
Laundry
Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Flat,Membrane
Flooring
Carpet,Tile
Basement
None
Materials
Brick,Stucco,Cement Siding
Appliances
Microwave,Refrigerator
Laundry
Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary
Sewer
Sewer: Connected
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Standard
Deal Score
65/100
vs Similar Homes
12% above
vs Market Median
6% below
Price Reduced
2.0%
Area Growth (YoY)
1.6%
Deal Score Breakdown
65/100 · 1 qualifying signal
Priced 6% below the per-subtype city median
LT net cashflow -$194/mo (-5.5% return on ownership cost) · STR net cashflow -$2,163/mo (-60.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
2% price reduction from original list — seller may be motivated
1.6% year-over-year ZHVI growth in this area
Priced 12% above the median of similar listings
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
$3,813/mo
Range: $2,886 – $4,740
Net Monthly Cash Flow
−$194 /mo (−$2,331/yr)
Monthly rental income
Monthly ownership cost
Coverage
107%
Net /mo
−$194
DSCR
1.35
Est. Annual Revenue
$23,773/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$2,163 /mo (−$25,958/yr)
Monthly STR income
Monthly ownership cost
Coverage
56%
Net /mo
−$2,163
DSCR
0.56
Elementary
Carl SandburgMiddle School
John F. KennedyHigh School
HunterSchool District
Granite
Best Download
10 Gbps
Best Upload
10 Gbps
Fiber Available
Yes
Providers
14
Available Providers
$460,500
+9% vs median
67 days
171
$199,000 – $1,099,000
$2,900
$150/monthly
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