1271 W Waxwing St · West Valley City, UT
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (shaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $453 – $841
Heat risk 4/10 · Minor
- Hot days now (above 95°F)
- 7 days/yr
- Hot days in 30 yrs
- 19 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 4/10 · Minor
- Unhealthy air days now
- 5 days/yr
- Unhealthy air days in 30 yrs
- 6 days/yr
Risk factors via First Street. Map © Google.
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
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
There are no remarks available.
Key facts
- Move-in ready
- Remodeled
- A/c
Tags
Neighborhood map
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.
Questions for the listing agent
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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?
- 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?
- 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.
- 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.
- 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
- IRR
- 43.6%
- Equity multiple
- 2.80×
- Total profit
- $37,772
- Equity at exit
- $11,168
- 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
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
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
| Address | Beds | Baths | Sqft | Rent | $/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
-
2026-05-26$74,900 Active
-
2026-03-04soldstatus Closed 31-char remark
Show marketing remark (31 chars)
There are no remarks available.
-
2026-01-30price $60,000 31-char remark
Show marketing remark (31 chars)
There are no remarks available.
-
2025-08-08$65,000 Active 31-char remark
Show marketing remark (31 chars)
There are no remarks available.
-
2006-02-18historical
-
2005-08-22$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
Loading sold comps map…
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
- 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
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
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
- 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 |
|---|---|---|
| Financial Services | 1 | $3B |
|
||
Price history
+276.4% since first listed6 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
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…