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1271 W Waxwing St
B- Composite 66.22
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • ARV discount +7.5/15.0
  • Livability +3.8/5.0
  • Schools +2.6/10.0
  • Condition / age +2.0/5.0
  • Rent growth +0.3/5.0
  • Appreciation +0.0/10.0

$74,900

1271 W Waxwing St · West Valley City, UT 84123
3 bd · 2.0 ba · 1,050 sqft · Manufactured · 1 Days on market
Built 2014 Fair condition

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

There are no remarks available.

Key facts

  • Move-in ready
  • Remodeled
  • A/c

Tags

MEADOWBROOK VILLAGE COMMUNITYREMODELEDMOVE-IN READYA/CPARKING FOR 3 CARS

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.0-bath manufactured listed at $75k. Condition is rated fair.

Deal economics

  • At list price, monthly cash flow is $864 ($10k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $75k).

Location & tenants

  • Location reads 76/100 on livability (#55 in UT, #3,285 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, employment A-; Watch: schools F, crime D-, amenities F.
  • Granite District (suburban): math 26% / reading 32% proficiency, ranked #69 of 80 in UT (top 86%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
  • Market conditions: Rents falling (-8.7%/yr); 183 active listings in the ZIP; 30 comparable units currently listed for rent nearby; rentals leasing fast (median 4d on market — plan ~1-2 weeks tenant-placement turnaround); solid renter incomes; 4,970 units permitted in Salt Lake County in 2024 (1,963 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $518 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Salt Lake County population projected at +37% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% appreciation + 0.0% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

  • Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
  • 3 sale attempts since 21y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Recommended offer $74,900

Questions for the listing agent

  1. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  4. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
2.33%
Cap rate
20.13%
Cash-on-cash
49.42%
DSCR
3.20
GRM
3.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
43.6%
Equity multiple
2.80×
Total profit
$37,772
Equity at exit
$11,168
10-year hold
IRR
48.3%
Equity multiple
5.01×
Total profit
$84,025
Equity at exit
$6,476

Cash invested: $20,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
86 Strongly Landlord-Friendly
State Utah
86 Strongly Landlord-Friendly · R+15
County
— inherits STATE
City
— inherits STATE
3-day notice; preempted; landlord-favorable.

ZIP-level market 84123

Rents YoY
-8.7%
Active inventory
183
Price-to-rent
3.6×

Monthly cashflow live

Estimated rent
$1,748 high interval (Pro) →
Mortgage (P&I)
$393
Tax est. 1.5%
$94 /mo · $1,124/yr
Insurance
$31
HOA
$0
Vacancy / Maint / Mgmt
$367
Net cashflow
$864

Break-even live

Break-even rent $655
Max offer price $74,900
Occupancy floor 46%

Sensitivity live

Price -10% $915 -5% $890 +0% $864 +5% $838 +10% $812
Rent -10% $726 -5% $795 +0% $864 +5% $933 +10% $1,002
Rate -1.0pp $901 -0.5pp $883 base $864 +0.5pp $844 +1.0pp $824

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$18,725
Closing costs
$2,247
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 30 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
4028 S 1300 W Salt Lake City, UT 2.0–3.0 2.0 1325 $1,875 $1.42 5d 6 0.29mi
1580 W 3940 S Salt Lake City, UT 1.0–2.0 1.0 921 $1,495 $1.62 3d 7 0.42mi
1538 W Kingsbury Ln West Valley City, UT 3.0 3.0 1237 $2,050 $1.66 4d 1 0.44mi
4040 W Boulder Pointe Salt Lake City, UT 2.0 1.0 890 $1,576 $1.77 3d 1 0.44mi
4110 S Oak Meadows Dr #31 Salt Lake City, UT 2.0 1.0 970 $1,500 $1.55 17d 1 0.53mi
3860 S Redwood Rd Salt Lake City, UT 2.0 1.0–2.0 851 $1,719 $2.02 3d 26 0.60mi
4236 S Atherton Dr Salt Lake City, UT 1.0–3.0 1.0–2.0 1075 $1,850 $1.72 5d 3 0.66mi
845 W 3900 S Salt Lake City, UT 1.0–2.0 1.0–2.0 735 $1,922 $2.61 3d 6 0.67mi
820 W Timbercreek Way South Salt Lake, UT 1.0–2.0 1.0 676 $1,470 $2.17 3d 30 0.72mi
1812 W 4100 S West Valley City, UT 1.0–3.0 1.0–2.0 1102 $2,103 $1.91 2d 46 0.72mi
764 W 3940 S Salt Lake City, UT 1.0–3.0 1.0–2.0 1075 $1,912 $1.78 4d 26 0.80mi
1251 W Village Main Dr West Valley City, UT 1.0–3.0 1.0–2.0 957 $1,700 $1.78 2d 5 0.83mi
4422 S Atherton Dr Salt Lake City, UT 2.0 1.0 1000 $1,495 $1.50 4d 1 0.84mi
3810 S Redwood Rd West Valley City, UT 1.0–3.0 1.0–2.0 1110 $2,149 $1.94 3d 46 0.85mi
4459 Butterfield St Unit NA Taylorsville, UT 2.0 1.0 1000 $1,500 $1.50 24d 1 0.86mi
4459 S Butterfield St Salt Lake City, UT 2.0 1.0 1000 $1,500 $1.50 5d 1 0.86mi
745 Fine Dr South Salt Lake, UT 1.0–3.0 1.0–2.0 1077 $2,132 $1.98 3d 25 0.88mi
1141 W 3900 S Taylorsville, UT 1.0–2.0 1.0 581 $1,623 $2.79 2d 61 0.90mi
4517 1175 W Taylorsville, UT 3.0 2.0 1220 $1,800 $1.48 17d 1 0.94mi
4517 S 1175 W #55 Taylorsville, UT 2.0 2.5 1200 $1,600 $1.33 3d 1 0.94mi
3825 S 700 W South Salt Lake, UT 1.0–3.0 1.0–2.0 780 $1,835 $2.35 3d 19 0.94mi
4341 S Riverboat Rd Salt Lake City, UT 1.0–3.0 1.0–2.0 1008 $1,767 $1.75 5d 12 0.99mi
1902 W 3395 S West Valley City, UT 2.0 1.0 930 $1,325 $1.42 5d 1 1.16mi
4545 S Atherton Dr Salt Lake City, UT 2.0 1.5–2.0 1000 $1,390 $1.39 2d 15 1.19mi
2240 W 3800 S West Valley City, UT 1.0–2.0 1.0 775 $1,385 $1.79 3d 14 1.19mi
4281 S 2200 W Unit A Salt Lake City, UT 3.0 2.0 1147 $1,795 $1.56 5d 1 1.20mi
3600 S Orion Cir West Valley City, UT 1.0–3.0 1.0–1.5 1075 $2,009 $1.87 24d 1 1.30mi
4770 S 1565 W Taylorsville, UT 1.0–2.0 1.0–2.0 812 $1,519 $1.87 3d 43 1.33mi
4536 S Bridgeside Way Salt Lake City, UT 1.0–3.0 1.0–2.0 825 $1,799 $2.18 3d 16 1.33mi
1941 W Hyannis Ave Unit 1 West Valley City, UT 2.0 1.5 1001 $1,600 $1.60 24d 1 1.35mi

Listing history 6 events

  1. 2026-05-26
    listed $74,900 Active
  2. 2026-03-04
    soldstatus Closed 31-char remark
    Show marketing remark (31 chars)

    There are no remarks available.

  3. 2026-01-30
    price $60,000 31-char remark
    Show marketing remark (31 chars)

    There are no remarks available.

  4. 2025-08-08
    listed $65,000 Active 31-char remark
    Show marketing remark (31 chars)

    There are no remarks available.

  5. 2006-02-18
    historical
  6. 2005-08-22
    listed $19,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (shaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 4/10 Moderate 7 d/yr ≥95°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 6 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$20,981
− Mortgage interest
−$4,196
− Property taxes
−$1,124
− Insurance
−$374
− Repairs & maintenance
−$1,679
− Management
−$1,679
− Depreciation
−$2,179
Taxable income
$9,752
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,340
After-tax cash flow
$8,023/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 1 photo

Fair 40/100 Cosmetic rehab

The home is in fair condition with no major repairs needed. It is move-in ready and has potential for cosmetic upgrades to enhance its resale and rental value.

Value-add opportunities

  • Both Painting the exterior and interior walls — Fresh paint can enhance the curb appeal and interior aesthetics, making the home more attractive to potential buyers and renters.
  • Both Landscaping improvements — Well-maintained landscaping can increase the home's curb appeal and add value to the property.
  • Both Upgrading the HVAC system — A new or upgraded HVAC system can improve comfort and energy efficiency, making the home more attractive to buyers and renters.
  • Both Adding a small patio or deck — A small outdoor space can increase the home's livability and appeal to potential buyers and renters.
  • Both Upgrading the kitchen appliances — Modern appliances can make the kitchen more functional and appealing to potential buyers and renters.
  • Both Upgrading the bathrooms with modern fixtures — Modern fixtures can make the bathrooms more functional and appealing to potential buyers and renters.
  • Both Upgrading the flooring — Upgrading the flooring can improve the home's overall appearance and make it more attractive to potential buyers and renters.
  • Both Upgrading the windows to energy-efficient ones — Energy-efficient windows can improve energy efficiency and reduce utility costs, making the home more attractive to buyers and renters.
  • Both Upgrading the exterior siding — Upgrading the exterior siding can improve the home's curb appeal and make it more attractive to potential buyers and renters.
  • Both Upgrading the HVAC system — A new or upgraded HVAC system can improve comfort and energy efficiency, making the home more attractive to buyers and renters.

Renovation cost estimate screening

Value-add ROI direction

  • Both Painting the exterior and interior walls — Fresh paint can enhance the curb appeal and interior aesthetics, making the home more attractive to potential buyers and renters.
  • Both Landscaping improvements — Well-maintained landscaping can increase the home's curb appeal and add value to the property.
  • Both Upgrading the HVAC system — A new or upgraded HVAC system can improve comfort and energy efficiency, making the home more attractive to buyers and renters.
  • Both Adding a small patio or deck — A small outdoor space can increase the home's livability and appeal to potential buyers and renters.
  • Both Upgrading the kitchen appliances — Modern appliances can make the kitchen more functional and appealing to potential buyers and renters.
  • Both Upgrading the bathrooms with modern fixtures — Modern fixtures can make the bathrooms more functional and appealing to potential buyers and renters.
  • Both Upgrading the flooring — Upgrading the flooring can improve the home's overall appearance and make it more attractive to potential buyers and renters.
  • Both Upgrading the windows to energy-efficient ones — Energy-efficient windows can improve energy efficiency and reduce utility costs, making the home more attractive to buyers and renters.
  • Both Upgrading the exterior siding — Upgrading the exterior siding can improve the home's curb appeal and make it more attractive to potential buyers and renters.
  • Both Upgrading the HVAC system — A new or upgraded HVAC system can improve comfort and energy efficiency, making the home more attractive to buyers and renters.

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

Schools (NCES district)

District
Granite District
NCES district ID
4900360
Math proficiency
26% ▼ -8.00%
Reading proficiency
32% ▼ -3.00%
Median HH income
$55,971
Composite
25.93/100
National rank
#7336
State rank
#69 of 80 in UT

Livability — West Valley City

Score
76/100
State rank
#55
US rank
#3285

Category grades

Amenities F Commute A+ Cost of living B Crime D- Employment A- Housing A+ Health & safety D- User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
West Valley City, UT
County
Salt Lake County · 1,195,750 people
City population
132,995
Metro
Salt Lake City, UT
Population (ZIP)
37,054
Household income
$81,271
Rent vs Own
40.5% rent · 59.5% own
Severe rent burden
1008.0

Population outlook (Salt Lake County) Hauer SSP2

Today (2025)
1,305,860 people
By 2030
1,402,611 · +7.4%
By 2040
1,594,533 · +22.1%
By 2050
1,787,244 · +36.9%
By 2075
2,224,138 · +70.3%
By 2100
2,551,390 · +95.4%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (66%)
Race & ethnicity
White 66% Hispanic / Latino 22% Two or more races 9% Asian 4% Pacific Islander 2% Native American 1%
Hispanic origin (detail)
Mexican 15%
Common ancestry
Portuguese 3% Slovak 2% Italian 2%
Foreign-born
14% · Canada, Vietnam, China
Languages at home
77% English-only · Spanish 16% Other Indo-European 3% Chinese 1%

Political lean MEDSL · Salt Lake

2024 margin
D (+10.2) · D 53.7% · R 43.5% · Other 2.8%
2008→2024 swing
+10.1pp toward D · 2008: 0.1pp · 2024: 10.2pp
All cycles
2024: D+10.2 2020: D+11.0 2016: D+10.2 2012: R+19.3 2008: D+0.1

Not yet ingested

Civics

Market trends

HPI YoY
▼ -381.27%
Current HPI
301.8349
Rent YoY
▼ -8.69%
Metro
Salt Lake City, UT
State GDP YoY
▲ 3.54%
F500 in state
2

Industry mix (Fortune 500 HQ in UT)

Industry F500 HQs Revenue

Price history

+276.4% since first listed
6 events — show timeline
  • 2026-05-26 Listed $74,900 FSBO.com
  • 2026-03-04 Sold (MLS) WFRMLS
  • 2026-01-30 Price Changed $60,000 WFRMLS
  • 2025-08-08 Listed $65,000 WFRMLS
  • 2006-02-18 Listing Removed WFRMLS
  • 2005-08-22 Listed $19,900 WFRMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…