CashFlowRE
Sign in Sign up
2491 N Highway 89 #111
C Composite 59.13
Why this score? — see what drove the C 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 +22.0/30.0
  • 1% rule +10.0/10.0
  • ARV discount +7.5/15.0
  • DSCR +7.0/10.0
  • Livability +3.9/5.0
  • Schools +3.2/10.0
  • Rent growth +3.1/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$58,000

2491 N Highway 89 #111 · Pleasant View, UT 84404
3 bd · 2.0 ba · 1,064 sqft · Manufactured · 64 Days on market
Built 2020 $964/mo HOA · 52% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Step into something special in the sought-after Evergreen Village Community of Pleasant View! Built in 2020, this thoughtfully cared-for 3 bed, 2 bath home features a spacious open floor plan ideal for both relaxing and entertaining. Residents enjoy fantastic community amenities including a park, pool, and clubhouse. Quick access to I-15, plus shopping, schools, and everyday conveniences just minutes away. Schedule your private showing today. Square footage is a courtesy estimate obtained from Evergreen Village; buyer is advised to independently verify

Key facts

  • Clubhouse
  • Community amenities
  • Quick access to i-15

Tags

EVERGREEN VILLAGE COMMUNITYCOMMUNITY AMENITIESPARKPOOLCLUBHOUSEQUICK ACCESS TO I-15

Property features AI

Finance

  • Other: Subdivision: EVERGREEN VILLAGE; Zoning: Single-Family (RES)
  • HOA & community: Homeowners association present (Association name: Diana); Monthly association fee; Association fee covers trash and water; Community amenities include clubhouse, management, playground, pool; pets permitted

Exterior

  • Parking: 2 open parking spaces (2 total parking spaces)
  • Utilities: Natural gas connected; Electricity connected; Public sewer connected; Culinary (domestic) water connected
  • Home design: Mobile home; Built in 2020; Property used for residential purposes
  • Construction: Built/standing condition
  • Exterior features: Uncovered open parking

Interior

  • Kitchen: Refrigerator
  • Bedrooms: 3 main-level bedrooms
  • Flooring: Carpet; Tile
  • Bathrooms: 1 full bathroom; 1 three-quarter bathroom
  • Heating & cooling: Electric heating; Central air conditioning
  • Interior features: Refrigerator included; No basement

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 $58k.

Deal economics

  • At list price, monthly cash flow is $92 ($1k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $58k).
  • Recommended offer: $55k (6.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 77/100 on livability (#51 in UT, #2,901 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, commute A+, employment A+; Watch: cost of living D, amenities F, health & safety F.
  • Weber District (suburban): math 36% / reading 35% proficiency, ranked #56 of 80 in UT (top 70%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Lomond View School (math 63% / reading 56%, grade B-, #59 of 585 statewide, top 10%, 483 students, 14% FRL); Orion Jr High (math 36% / reading 37%, grade F, #88 of 138 statewide, top 66%, 1,063 students, 19% FRL); Weber High (math 33% / reading 49%, grade F, #60 of 171 statewide, top 35%, 2,037 students, 15% FRL).
  • Market conditions: Rents rising (+2.3%/yr); 611 active listings in the ZIP; 7 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 1,630 units permitted in Weber County in 2024 (521 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $401 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Weber County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 64 days — a 6% lower offer ($55k) is reasonable based on typical stale-listing flexibility.
  • 5 sale attempts since 27y ago; this cycle's ask has dropped $7k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: HOA is 52% of rent.
Recommended offer $54,520 (6.0% below list)

Questions for the listing agent

  1. It's been on market 64 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  6. 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.
  7. 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.
  8. 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
3.18%
Cap rate
8.19%
Cash-on-cash
6.79%
DSCR
1.30
GRM
2.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 2.33% rent growth · sell at horizon

5-year hold
IRR
-7.0%
Equity multiple
0.74×
Total profit
$-4,162
Equity at exit
$8,648
10-year hold
IRR
1.3%
Equity multiple
1.09×
Total profit
$1,430
Equity at exit
$5,015

Cash invested: $16,240 (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 84404

Rents YoY
2.3%
Active inventory
611
Price-to-rent
2.6×

Monthly cashflow live

Estimated rent
$1,844 high interval (Pro) →
Mortgage (P&I)
$304
Tax est. 1.5%
$72 /mo · $870/yr
Insurance
$24
HOA
$964
Vacancy / Maint / Mgmt
$387
Net cashflow
$92

Break-even live

Break-even rent $1,728
Max offer price $58,000
Occupancy floor 90%

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
$14,500
Closing costs
$1,740
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 7 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
2100 US-89 Harrisville, UT 2.0–3.0 1.0–2.5 1373 $1,839 $1.34 14d 8 0.53mi
1148 Spring Valley Ln Pleasant View, UT 2.0 2.0 1148 $1,551 $1.35 14d 1 0.71mi
1933 N 325 W Ogden, UT 3.0 2.5 1374 $1,795 $1.31 19d 1 1.06mi
282 W 1975 N Ogden, UT 3.0 2.5 1362 $1,700 $1.25 14d 1 1.07mi
2510 Charleston Ave Ogden, UT 2.0–3.0 2.0 900 $1,550 $1.72 14d 5 1.17mi
1502 N 900 W Ogden, UT 2.0–3.0 1.0–1.5 1050 $1,475 $1.40 14d 8 1.24mi
811 W 1340 N Ogden, UT 1.0–3.0 1.0–2.5 1106 $1,859 $1.68 14d 1 1.35mi

HOA detail

Monthly dues
$964 · $11,568/yr
Likely covers
pool

Listing history 29 events

  1. 2026-06-18
    days on market $58,000 Active 64 DOM
  2. 2026-06-17
    days on market $58,000 Active 63 DOM
  3. 2026-06-16
    days on market $58,000 Active 62 DOM
  4. 2026-06-15
    days on market $58,000 Active 61 DOM
  5. 2026-06-14
    days on market $58,000 Active 59 DOM
  6. 2026-06-10
    days on market $58,000 Active 56 DOM
  7. 2026-06-09
    days on market $58,000 Active 55 DOM
  8. 2026-06-08
    days on market $58,000 Active 54 DOM
  9. 2026-06-07
    days on market $58,000 Active 53 DOM
  10. 2026-06-05
    days on market $58,000 Active 50 DOM
  11. 2026-06-03
    days on market $58,000 Active 49 DOM
  12. 2026-06-02
    days on market $58,000 Active 48 DOM
  13. 2026-06-01
    days on market $58,000 Active 47 DOM
  14. 2026-05-31
    days on market $58,000 Active 46 DOM
  15. 2026-05-31
    days on market $58,000 Active 45 DOM
  16. 2026-04-15
    listed $65,000 Active
  17. 2025-11-07
    historical
  18. 2025-08-04
    price $60,000
  19. 2025-06-09
    price $66,000
  20. 2025-05-08
    listed $69,000 Active
  21. 2023-05-13
    historical
  22. 2023-04-28
    price $65,000
  23. 2023-04-06
    price $70,000
  24. 2023-03-11
    price $75,900
  25. 2023-02-16
    listed $79,000 Active
  26. 2000-07-20
    historical
  27. 2000-01-20
    listed $21,500
  28. 1999-09-20
    historical
  29. 1999-09-10
    listed $23,100

ⓘ 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 4/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 4/10 Moderate 7 d/yr ≥94°F today · 18 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$22,127
− Mortgage interest
−$3,249
− Property taxes
−$870
− Insurance
−$290
− Repairs & maintenance
−$1,770
− Management
−$1,770
− HOA
−$11,568
− Depreciation
−$1,687
Taxable income
$922
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$221
After-tax cash flow
$881/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
Weber District
NCES district ID
4901200
Math proficiency
36% ▼ -4.00%
Reading proficiency
35% ▼ -5.00%
Median HH income
$65,750
Composite
32.28/100
National rank
#5757
State rank
#56 of 80 in UT

Livability — Pleasant View

Score
77/100
State rank
#51
US rank
#2901

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Pleasant View, UT
County
Weber County · 260,557 people
Metro
Ogden-Clearfield, UT
Population (ZIP)
66,587
Household income
$85,057
Rent vs Own
25.1% rent · 74.9% own
Severe rent burden
1201.0

Population outlook (Weber County) Hauer SSP2

Today (2025)
274,329 people
By 2030
288,577 · +5.2%
By 2040
314,848 · +14.8%
By 2050
338,710 · +23.5%
By 2075
384,412 · +40.1%
By 2100
409,305 · +49.2%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (70%)
Race & ethnicity
White 70% Hispanic / Latino 24% Two or more races 7% Asian 1%
Hispanic origin (detail)
Mexican 20%
Common ancestry
Italian 5% Slovak 4% Iranian 3%
Foreign-born
8% · Canada
Languages at home
83% English-only · Spanish 15% Other Indo-European 1%

Political lean MEDSL · Weber

2024 margin
Strong R (+23.5) · D 36.8% · R 60.3% · Other 2.9%
2008→2024 swing
+4.1pp toward D · 2008: -27.6pp · 2024: -23.5pp
All cycles
2024: R+23.5 2020: R+22.7 2016: R+20.0 2012: R+46.0 2008: R+27.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -317.85%
Current HPI
323.2499
Rent YoY
▲ 2.33%
Metro
Ogden-Clearfield, UT
State GDP YoY
▲ 3.54%
F500 in state
2

Industry mix (Fortune 500 HQ in UT)

Industry F500 HQs Revenue

Price history

+181.4% since first listed
14 events — show timeline
  • 2026-04-15 Listed $65,000 WFRMLS
  • 2025-11-07 Listing Removed WFRMLS
  • 2025-08-04 Price Changed $60,000 WFRMLS
  • 2025-06-09 Price Changed $66,000 WFRMLS
  • 2025-05-08 Listed $69,000 WFRMLS
  • 2023-05-13 Listing Removed WFRMLS
  • 2023-04-28 Price Changed $65,000 WFRMLS
  • 2023-04-06 Price Changed $70,000 WFRMLS
  • 2023-03-11 Price Changed $75,900 WFRMLS
  • 2023-02-16 Listed $79,000 WFRMLS
  • 2000-07-20 Listing Removed WFRMLS
  • 2000-01-20 Listed $21,500 WFRMLS
  • 1999-09-20 Listing Removed WFRMLS
  • 1999-09-10 Listed $23,100 WFRMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…