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3086 Justice St W
D Composite 44.96
Why this score? — see what drove the D 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 +12.3/30.0
  • 1% rule +10.0/10.0
  • ARV discount +7.5/15.0
  • Livability +3.8/5.0
  • DSCR +3.6/10.0
  • Rent growth +2.7/5.0
  • Schools +2.6/10.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$80,300

3086 Justice St W · West Valley City, UT 84119
3 bd · 2.0 ba · 1,456 sqft · Manufactured · 108 Days on market
Built 2001 871 sqft lot $810/mo HOA · 47% of rent ↓ 17% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

SELLER IS MOTIVATED!!! HUGE PRICE REDUCTION! Welcome to a beautiful and inviting home located in a highly sought-after 55+ community. Enjoy relaxing on the comfortable front porch after work! This well-maintained property has been meticulously cared for over the years. This spacious open-concept home features 3 bedrooms and 2 bathrooms. The master suite is impressively large, complete with an oval tub, a separate shower, and walk-in closets with dual sinks. The vaulted ceilings add to the open feel, while the kitchen boasts an abundance of cabinets. You'll find both a formal dining room and an eat-in kitchen, along with a kitchen bar for additional seating. The layout is very open and spaci

Key facts

  • Dual sinks
  • Open concept
  • Front porch

Tags

FRONT PORCHOPEN CONCEPTOVAL TUBSEPARATE SHOWERWALK-IN CLOSETSDUAL SINKS

Property features AI

Finance

  • Other: Residence currently used as residential; Zoned single-family
  • HOA & community: Homeowners association (American Heritage - Brisha); Monthly association fee; HOA fees include water, sewer and trash; Community clubhouse; Pets permitted; Snow removal provided

Exterior

  • Parking: Covered parking; Two total parking spaces; Two carport spaces
  • Utilities: Natural gas connected; Electricity connected; Sewer connected; Culinary (municipal) water connected
  • Home design: Mobile home; Built and standing
  • Construction: Asphalt roof
  • Exterior features: Covered deck; Partially fenced yard; Paved road access; Full landscaping; Mature trees

Interior

  • Kitchen: Range hood; Refrigerator
  • Bedrooms: Three main-level bedrooms
  • Flooring: Carpet; Laminate
  • Bathrooms: Two full bathrooms
  • Heating & cooling: Evaporative cooling
  • Interior features: Separate tub and shower in bathroom; Walk-in closet; Vaulted ceilings; Ceiling fan
  • Laundry & utility: Washer included; Storage shed(s) on property

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 $80k.

Deal economics

  • At list price, monthly cash flow is $-15 ($-185/yr) — negative.
  • To cash-flow at today's rent, offer at most $78k (2.8% below list).
  • Meets the 1% rule at list price ($2k rent vs $80k).
  • Recommended offer: $73k (9.0% below list) — sets the bar for market timing.

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 flat; 227 active listings in the ZIP; 21 comparable units currently listed for rent nearby; rentals leasing fast (median 5d on market — plan ~1-2 weeks tenant-placement turnaround); 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 $555 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.

Negotiation context

  • It's been on market 108 days — a 9% lower offer ($73k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: HOA is 47% of rent.
Recommended offer $73,073 (9.0% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 108 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  9. 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.
  10. 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.
  11. 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
2.13%
Cap rate
6.06%
Cash-on-cash
-0.82%
DSCR
0.96
GRM
3.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 0.74% rent growth · sell at horizon

5-year hold
IRR
-23.5%
Equity multiple
0.23×
Total profit
$-17,269
Equity at exit
$11,973
10-year hold
IRR
-49.9%
Equity multiple
-0.29×
Total profit
$-29,073
Equity at exit
$6,943

Cash invested: $22,484 (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 84119

Rents YoY
0.7%
Active inventory
227
Price-to-rent
3.9×

Monthly cashflow live

Estimated rent
$1,708 high interval (Pro) →
Mortgage (P&I)
$421
Tax est. 1.5%
$100 /mo · $1,204/yr
Insurance
$33
HOA
$810
Vacancy / Maint / Mgmt
$359
Net cashflow
$-15

Break-even live

Break-even rent $1,728
Max offer price $78,069
Occupancy floor 96%

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
$20,075
Closing costs
$2,409
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 21 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1941 W Hyannis Ave Unit 1 West Valley City, UT 2.0 1.5 1001 $1,600 $1.60 23d 1 0.17mi
1902 W 3395 S West Valley City, UT 2.0 1.0 930 $1,325 $1.42 4d 1 0.37mi
1512 W 3395 S West Valley City, UT 3.0 2.0 1685 $1,745 $1.04 23d 1 0.62mi
3600 S Orion Cir West Valley City, UT 1.0–3.0 1.0–1.5 1075 $2,009 $1.87 23d 1 0.76mi
3314 S Meadowlark Dr West Valley City, UT 4.0 2.0 1232 $2,350 $1.91 3d 1 0.76mi
2553 S Lake Park Cir Apt 2 West Valley City, UT 2.0 1.0 950 $1,200 $1.26 23d 1 0.82mi
2350 S Parkcrest Dr Unit 3 West Valley City, UT 2.0 1.0 900 $1,599 $1.78 23d 1 0.89mi
1251 W Village Main Dr West Valley City, UT 1.0–3.0 1.0–2.0 957 $1,700 $1.78 1d 5 0.99mi
2930 Baty Drive 2745 S Unit 2930 West Valley City, UT 2.0 1.5 1100 $1,695 $1.54 23d 1 1.06mi
1538 W Kingsbury Ln West Valley City, UT 3.0 3.0 1237 $2,050 $1.66 3d 1 1.12mi
2600 W 3800 S West Valley City, UT 2.0 1.0–2.0 912 $2,205 $2.42 3d 100 1.13mi
3810 S Redwood Rd West Valley City, UT 1.0–3.0 1.0–2.0 1110 $2,149 $1.94 2d 46 1.14mi
3860 S Redwood Rd Salt Lake City, UT 2.0 1.0–2.0 851 $1,719 $2.02 2d 26 1.14mi
2640 W 3800 S West Valley City, UT 2.0 1.0 965 $1,125 $1.17 4d 1 1.19mi
2640 W 3800 S Apt 3 Salt Lake City, UT 2.0 1.0 965 $1,125 $1.17 4d 1 1.19mi
1499 2320 S West Valley City, UT 2.0 1.5 1052 $1,512 $1.44 4d 4 1.22mi
3043 W 3500 S West Valley City, UT 2.0 1.0 950 $1,149 $1.21 23d 1 1.23mi
2835 S 3200 W Unit 2835 West Valley City, UT 3.0 2.0 1130 $1,600 $1.42 4d 1 1.26mi
1580 W 3940 S Salt Lake City, UT 1.0–2.0 1.0 921 $1,495 $1.62 2d 7 1.31mi
4040 W Boulder Pointe Salt Lake City, UT 2.0 1.0 890 $1,576 $1.77 2d 1 1.44mi
1812 W 4100 S West Valley City, UT 1.0–3.0 1.0–2.0 1102 $2,103 $1.91 1d 46 1.46mi

HOA detail

Monthly dues
$810 · $9,720/yr

Listing history 16 events

  1. 2026-06-18
    days on market $80,300 Active 108 DOM
  2. 2026-06-17
    days on market $80,300 Active 107 DOM
  3. 2026-06-16
    days on market $80,300 Active 106 DOM
  4. 2026-06-15
    pricedays on market $80,300 Active 105 DOM
  5. 2026-06-13
    days on market $82,500 Active 103 DOM
  6. 2026-06-09
    days on market $82,500 Active 99 DOM
  7. 2026-06-08
    days on market $82,500 Active 98 DOM
  8. 2026-06-07
    days on market $82,500 Active 97 DOM
  9. 2026-06-03
    days on market $82,500 Active 93 DOM
  10. 2026-06-02
    days on market $82,500 Active 92 DOM
  11. 2026-06-01
    days on market $82,500 Active 91 DOM
  12. 2026-05-31
    days on market $82,500 Active 90 DOM
  13. 2026-05-21
    price $82,500
  14. 2026-05-04
    price $86,800
  15. 2026-03-23
    price $89,900
  16. 2026-03-02
    listed $99,900 Active

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

Nearby sold comps map

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Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$20,499
− Mortgage interest
−$4,498
− Property taxes
−$1,204
− Insurance
−$402
− Repairs & maintenance
−$1,640
− Management
−$1,640
− HOA
−$9,720
− Depreciation
−$2,336
Taxable loss
−$941
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$226
After-tax cash flow
$41/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.

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)
50,070
Household income
$71,378
Rent vs Own
43.2% rent · 56.8% own
Severe rent burden
1635.0

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
Diverse neighborhood (Simpson 0.66)
Race & ethnicity
Hispanic / Latino 45% White 36% Two or more races 12% Black 5% Pacific Islander 4% Asian 4% Native American 3%
Hispanic origin (detail)
Mexican 36%
Common ancestry
Slovak 3% Portuguese 2% Italian 1%
Foreign-born
27% · Canada, Vietnam, Jamaica
Languages at home
54% English-only · Spanish 34% Other Asian/Pacific 3% Vietnamese 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
▼ -332.72%
Current HPI
327.1858
Rent YoY
▲ 0.74%
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

-17.4% since first listed
4 events — show timeline
  • 2026-05-21 Price Changed $82,500 WFRMLS
  • 2026-05-04 Price Changed $86,800 WFRMLS
  • 2026-03-23 Price Changed $89,900 WFRMLS
  • 2026-03-02 Listed $99,900 WFRMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…