4471 HONEYWOOD, West Valley City, UT 84120
4BD/—BA Residential in West Valley City, UT 84120. 1,848 sqft. Built 1973. Listed at $499,999. MLS #2158241.
4BD/—BA Residential in West Valley City, UT 84120. 1,848 sqft. Built 1973. Listed at $499,999. MLS #2158241.
Fully Renovated West Valley Rambler- Income Potential Move-In Ready 4 bed, 2 bath rambler (1,848 sq ft) with a full wall to wall renovation completed April 2026! This move-in ready home features 2 kitchens, 2 laundry areas, and a separate basement entrance-perfect for a mother-in-law suite or rental income opportunity. Brand new deck for summer entertaining. Major system updates already addressed, include a new furnace (Feb 2025), central air, plus sewer scope and meth test already passed. Pre-Listing Home Inspection was completed 04/14/2026. Post construction ductwork cleaned and sanitized. If that's not enough, One Year Home Warranty also included Saving buyers almost $2K in up front out of pocket cash. All this for added peace of mind from day one! Whether you're a savvy first-time buyer looking to offset your mortgage, house hacker, multi-generational living or an investor seeking cash-flow potential, this property checks all the boxes. Plenty of off-street parking with RV pad, concrete back patio and fire pit. Families will love the proximity to schools, with a junior high just a short 0.5-mile walk away. Turnkey, flexible, and income-ready-don't miss it!
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
CHERRYWOOD VILLAGE 5
County
Salt Lake
Zoning
Single-Family
Construction
Aluminum
Lot Size
0.14 sq ft
Above Grade Area
924 sq ft
Condition
Blt./Standing
MLS #
2158241
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
CHERRYWOOD VILLAGE 5
County
Salt Lake
Zoning
Single-Family
Construction
Aluminum
Lot Size
0.14 sq ft
Above Grade Area
924 sq ft
Condition
Blt./Standing
MLS #
2158241
List Price
$499,999
Annual Taxes
$2,316
Home Warranty
No
List Price
$499,999
Annual Taxes
$2,316
Home Warranty
No
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Basement
Full
Materials
Aluminum
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Heating
Gas: Central
Cooling
Central Air
Roof
Asphalt
Basement
Full
Materials
Aluminum
Laundry
Electric Dryer Hookup
Patio & Porch
Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected,Sewer: Public
Covered Spaces
0
Total Parking
4
Covered Spaces
0
Total Parking
4
Classification
Standard
Deal Score
45/100
vs Similar Homes
11% above
vs Market Median
16% above
Area Growth (YoY)
4.7%
Deal Score Breakdown
45/100
4.7% year-over-year ZHVI growth in this area
Priced 11% above the median of similar listings
Priced 16% above the per-subtype city median
LT net cashflow -$1,096/mo (-32.7% return on ownership cost) · STR net cashflow -$2,117/mo (-63.2% 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
$2,563/mo
Range: $2,097 – $3,029
Net Monthly Cash Flow
−$1,096 /mo (−$13,155/yr)
Monthly rental income
Monthly ownership cost
Coverage
77%
Net /mo
−$1,096
DSCR
0.91
Est. Annual Revenue
$21,165/yr
$154/night · 54% occupancy · $58/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$2,115 /mo (−$25,386/yr)
Monthly STR income
Monthly ownership cost
Coverage
53%
Net /mo
−$2,117
DSCR
0.50
Elementary
HunterMiddle 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
$2,316
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