8506 Sunset Hills Dr #180 · Magna, UT
Flood risk 3/10 · Minor
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.2%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 5/10 · Moderate
- Est. fire insurance / yr
- $453 – $841
Heat risk 4/10 · Minor
- Hot days now (above 93°F)
- 7 days/yr
- Hot days in 30 yrs
- 20 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 4 days/yr
Risk factors via First Street. Map © Google.
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).
- 1% rule +10.0/10.0
- Cash flow +9.3/30.0
- ARV discount +7.5/15.0
- Condition / age +3.8/5.0
- Livability +3.7/5.0
- DSCR +2.6/10.0
- Schools +2.6/10.0
- Rent growth +2.5/5.0
- Appreciation +0.0/10.0
$65,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome to this well cared for 3 bedroom, 2 bathroom home in Magna. The original owner has taken great pride in maintaining the home, with just cleaned carpet and exterior paint that create a clean, welcoming feel the moment you walk in. Washer, dryer and refrigerator are included. Located in a community with access to a clubhouse, swimming pool, and basketball court, this home offers a convenient lifestyle just minutes from shopping, dining, grocery stores, and everyday essentials. Now priced at $65,000. Buyer is advised to verify all information.
Key facts
- Exterior paint
- Clean carpet
- Swimming pool
Tags
Property features AI
Finance
- HOA & community: Homeowners association with monthly fee; Association fee is $1,109 per month; Community clubhouse; Management; Pets permitted; Picnic area; Playground; Pool; Subdivision: SUNSET VISTA
Exterior
- Parking: 2 total parking spaces; 2 open parking spaces
- Utilities: Residential use
- Home design: Manufactured home; Built and currently standing
- Construction: Asphalt roof
- Exterior features: Partially fenced yard; Automatic full sprinkler system; Full landscaping
Interior
- Kitchen: Range hood; Refrigerator; Portable dishwasher
- Flooring: Carpet; Laminate; Tile
- Bathrooms: 2 full bathrooms
- Heating & cooling: Forced air heating; Central air conditioning
- Interior features: Blinds on windows; Ceiling fan; Storage shed(s); Window coverings; Total of 8 rooms; No basement
- Laundry & utility: Washer; Dryer
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath manufactured listed at $65k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-47 ($-569/yr) — negative.
- To cash-flow at today's rent, offer at most $58k (10.6% below list).
- Meets the 1% rule at list price ($2k rent vs $65k).
- Recommended offer: $58k (10.6% below list) — sets the bar for cash-flow.
Location & tenants
- Location reads 74/100 on livability (#65 in UT, #4,367 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, cost of living B; Watch: amenities F, health & safety D-.
- 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.
- Zoned schools: Elk Run Elementary (math 19% / reading 22%, grade F, #518 of 585 statewide, top 89%, 629 students, 55% FRL); Scott M Matheson Jr High (math 18% / reading 22%, grade F, #128 of 138 statewide, top 93%, 1,081 students, 51% FRL); Cyprus High (math 11% / reading 33%, grade F, #150 of 171 statewide, top 88%, 2,709 students, 47% FRL).
- Market conditions: 209 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals leasing fast (median 13d 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 $449 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 50 days — a 3% lower offer ($63k) is reasonable based on typical stale-listing flexibility.
Risks & watch-outs
- Watch-outs: HOA is 58% of rent.
- Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- 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?
- It's been on market 50 days. Have you received any prior offers? Is the seller open to a 11% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- 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?
- 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?
- 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
- 2.94% ✓
- Cap rate
- 5.42%
- Cash-on-cash
- -3.13%
- DSCR
- 0.86
- GRM
- 2.8
CMA / ARV
No comps found within radius.
Projected returns pro-forma
-3.0% appreciation · 3.0% rent growth · sell at horizon
- IRR
- -20.0%
- Equity multiple
- 0.29×
- Total profit
- $-12,844
- Equity at exit
- $9,692
- IRR
- -10.4%
- Equity multiple
- 0.33×
- Total profit
- $-12,188
- Equity at exit
- $5,620
Cash invested: $18,200 (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 84044
- Active inventory
- 209
- Price-to-rent
- 2.8×
Monthly cashflow live
- Estimated rent
- $1,912 high interval (Pro) →
- Mortgage (P&I)
- −$341
- Tax est. 1.5%
- −$81 /mo · $975/yr
- Insurance
- −$27
- HOA
- −$1,109
- Vacancy / Maint / Mgmt
- −$402
- Net cashflow
- $-47
Break-even live
Sensitivity live
| Price | -10% $-3 | -5% $-25 | +0% $-47 | +5% $-70 | +10% $-92 |
|---|---|---|---|---|---|
| Rent | -10% $-199 | -5% $-123 | +0% $-47 | +5% $28 | +10% $104 |
| Rate | -1.0pp $-15 | -0.5pp $-31 | base $-47 | +0.5pp $-64 | +1.0pp $-81 |
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
- $16,250
- Closing costs
- $1,950
- 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 10 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 8525 W Elk Mountain Rd Magna, UT | 2.0–3.0 | 1.5–2.0 | 1075 | $1,739 | $1.62 | 15d | 2 | 0.11mi |
| 8279 Arbor Park Dr Magna, UT | 1.0–3.0 | 1.0–2.0 | 849 | $2,094 | $2.46 | 3d | 7 | 0.26mi |
| 8468 W Meadow Bank Way Magna, UT | 3.0 | 2.0 | 1337 | $2,280 | $1.71 | 6d | 1 | 0.32mi |
| 3544 S Kingsburg Cv Magna, UT | 2.0 | 1.0 | 885 | $1,490 | $1.68 | 15d | 1 | 0.44mi |
| 8548 W Henderson Way Magna, UT | 1.0–3.0 | 1.0–2.0 | 983 | $2,129 | $2.17 | 3d | 25 | 0.45mi |
| 4032 S Dry Hollow Ln Magna, UT | 3.0–4.0 | 2.0–2.5 | 1462 | $1,949 | $1.33 | 3d | 15 | 0.59mi |
| 8061 W Copperfield Pl #32 Magna, UT | 3.0 | 2.0 | 1005 | $1,650 | $1.64 | 6d | 1 | 0.66mi |
| 3700 Jefferson Cir Unit B Magna, UT | 2.0 | 1.0 | 1000 | $1,300 | $1.30 | 25d | 1 | 1.19mi |
| 2679 S Melville Dr Magna, UT | 2.0 | 1.0 | 795 | $1,598 | $2.01 | 18d | 1 | 1.37mi |
| 8733 Coppertree Ln Magna, UT | 2.0–3.0 | 1.0–2.0 | 1000 | $1,834 | $1.83 | 12d | 1 | 1.38mi |
HOA detail
- Monthly dues
- $1,109 · $13,308/yr
- Likely covers
- pool
Listing history 14 events
-
2026-06-18days on market $65,000 Active 50 DOM
-
2026-06-17days on market $65,000 Active 49 DOM
-
2026-06-16days on market $65,000 Active 48 DOM
-
2026-06-15days on market $65,000 Active 47 DOM
-
2026-06-13days on market $65,000 Active 45 DOM
-
2026-06-09days on market $65,000 Active 41 DOM
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2026-06-08days on market $65,000 Active 40 DOM
-
2026-06-07days on market $65,000 Active 39 DOM
-
2026-06-03days on market $65,000 Active 35 DOM
-
2026-06-02days on market $65,000 Active 34 DOM
-
2026-06-01days on market $65,000 Active 33 DOM
-
2026-05-31days on market $65,000 Active 32 DOM
-
2026-05-15price $65,000
-
2026-04-29$69,000 Active
ⓘ 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 3/10 Moderate FEMA zone X (unshaded) · 20% chance over 30 yrs
- Wildfire 5/10 Major
- Heat 4/10 Moderate 7 d/yr ≥93°F today · 20 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 4 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
- $22,948
- − Mortgage interest
- −$3,641
- − Property taxes
- −$975
- − Insurance
- −$325
- − Repairs & maintenance
- −$1,836
- − Management
- −$1,836
- − HOA
- −$13,308
- − Depreciation
- −$1,891
- Taxable loss
- −$863
- Est. tax savings @ 24.0%
- +$207
- After-tax cash flow
- $-362/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 · 12 photos
This well-maintained mobile home is in good condition with some cosmetic updates needed to enhance its resale and rental value.
Repairs flagged
- Moderate kitchen cabinets — dated and in need of updating
- Moderate bathroom fixtures — dated and in need of updating
- Minor kitchen appliances — basic and outdated
Value-add opportunities
- Resale paint interior walls — Fresh paint can make a significant difference in the home's appearance
- Both update kitchen and bathroom — Modernizing these spaces can increase both resale and rental value
- Resale replace carpeting — Carpet can be outdated and may need replacing for a more modern look
Renovation cost estimate screening
| Repair item | Severity | Est. cost |
|---|---|---|
| kitchen cabinets · dated and in need of updating | Moderate | $3,000–15,000 |
| bathroom fixtures · dated and in need of updating | Moderate | $3,000–15,000 |
| kitchen appliances · basic and outdated | Minor | $500–3,000 |
| Total estimated repair cost · 3 items | $6,500–33,000 |
Value-add ROI direction
- Resale paint interior walls — Fresh paint can make a significant difference in the home's appearance ↑
- Both update kitchen and bathroom — Modernizing these spaces can increase both resale and rental value ↑
- Resale replace carpeting — Carpet can be outdated and may need replacing for a more modern look ↑
ⓘ 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 — Magna
- Score
- 74/100
- State rank
- #65
- US rank
- #4367
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Magna, UT
- County
- Salt Lake County · 1,195,750 people
- City population
- 30,031
- Metro
- Salt Lake City, UT
- Population (ZIP)
- 30,031
- Household income
- $90,346
- Rent vs Own
- Severe rent burden
- 384.0
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 0.58)
- Race & ethnicity
- White 54% Hispanic / Latino 36% Two or more races 14% Asian 2% Pacific Islander 2% Black 2%
- Hispanic origin (detail)
- Mexican 28%
- Common ancestry
- Slovak 4% Iranian 2% Italian 2%
- Foreign-born
- 16% · Canada, Jamaica
- Languages at home
- 71% English-only · Spanish 24% Other Asian/Pacific 2% Other Indo-European 2%
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
- ▼ -191.88%
- Current HPI
- 355.0523
- Rent YoY
- —
- 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
-5.8% since first listed2 events — show timeline
- 2026-05-15 Price Changed $65,000 WFRMLS
- 2026-04-29 Listed $69,000 WFRMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…