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8155 S Redwood #96
B Composite 71.38
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 +4.0/5.0
  • Condition / age +4.0/5.0
  • Schools +3.8/10.0
  • Rent growth +2.1/5.0
  • Appreciation +0.0/10.0

$58,000

8155 S Redwood #96 · West Jordan, UT 84088
2 bd · 1.0 ba · 696 sqft · Manufactured · 114 Days on market
Built 1972 Good condition 4,356 sqft lot ↓ 3% since listing

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

Listing remarks

Beautiful home ready to move ! Very large back yard and side. 2 car parking. Square foot given by owner, but you can measure your own. Central air. The current lot rental fee is $1,050/ monthly. Buyer to verify all info.

Key facts

  • Large back yard
  • Side parking
  • Central air

Tags

LARGE BACK YARDSIDE PARKINGCENTRAL AIR

Property features AI

Finance

  • Other: Zoning: Single-Family / Multi-Family (CC-R); Mobile dimensions approximately 12 x 58 feet; Approximately 696 above-grade finished area; Lot approximately 0.1 acre
  • HOA & community: Clubhouse; Subdivision: BROOKSIDE

Exterior

  • Parking: 2 open/uncovered parking spaces
  • Utilities: Natural gas available and connected; Electricity available and connected; Public sewer available and connected; Culinary water available and connected
  • Home design: Mobile home; Faces west; Residential use
  • Construction: Flat membrane roof
  • Exterior features: Covered deck; In-ground private pool; Fenced (full); Paved road frontage; Mature trees; Flat terrain

Interior

  • Kitchen: Gas range; Range hood; Granite countertops
  • Bedrooms: 2 main-level bedrooms
  • Flooring: Vinyl
  • Bathrooms: 1 full bathroom
  • Heating & cooling: Gas central heating; Central air conditioning
  • Interior features: Gas range; Granite countertops; Range hood; Sliding glass doors; Double pane windows; Lighting; Accessible doors
  • Laundry & utility: Washer; Dryer; Electric dryer hookup

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 2-bed/1.0-bath manufactured listed at $58k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $397 ($5k/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: $53k (9.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 80/100 on livability (#34 in UT, #1,632 nationally) — a professional / high-income tenant draw. Strengths: commute A+, employment A+, housing A+; Watch: cost of living D+.
  • Jordan District (suburban): math 38% / reading 43% proficiency, ranked #36 of 80 in UT (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Jordan Hills School (math 47% / reading 47%, grade D-, #202 of 585 statewide, top 36%, 665 students, 19% FRL); West Hills Middle (math 25% / reading 28%, grade F, #116 of 138 statewide, top 85%, 1,247 students, 23% FRL); West Jordan High (math 13% / reading 35%, grade F, #149 of 171 statewide, top 87%, 1,826 students, 31% FRL) — zoned schools at 24% FRL track the district average.
  • Market conditions: Rents soft (-1.5%/yr); 116 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals leasing fast (median 3d 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).
  • This rent is only 18% of the median local income ($105k/yr) — well below the 30% rent-burden line; pricing power to push rent on renewal without tenant pushback.

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.
  • 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 $16k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 114 days — a 9% lower offer ($53k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

  • Watch-outs: flood insurance adds $427/mo.
  • Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $52,780 (9.0% below list)

Questions for the listing agent

  1. It's been on market 114 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Built in 1972 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
  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. 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
2.67%
Cap rate
23.34%
Cash-on-cash
60.88%
DSCR
3.71
GRM
3.1

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
18.7%
Equity multiple
1.72×
Total profit
$11,653
Equity at exit
$8,648
10-year hold
IRR
23.7%
Equity multiple
2.62×
Total profit
$26,339
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 84088

Rents YoY
-1.5%
Active inventory
116
Price-to-rent
3.1×

Monthly cashflow live

Estimated rent
$1,550 medium interval (Pro) →
Mortgage (P&I)
$304
Tax est. 1.5%
$72 /mo · $870/yr
Insurance
$24
Flood insurance flood zone
−$427 /mo · $5,118/yr
HOA
$0
Vacancy / Maint / Mgmt
$326
Net cashflow
$397

Break-even live

Break-even rent $1,047
Max offer price $58,000
Occupancy floor 69%

Sensitivity live

Price -10% $437 -5% $417 +0% $397 +5% $377 +10% $357
Rent -10% $275 -5% $336 +0% $397 +5% $459 +10% $520
Rate -1.0pp $427 -0.5pp $412 base $397 +0.5pp $382 +1.0pp $367

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 3 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
831 Lennox St Apt 5 Midvale, UT 2.0 1.0 740 $1,150 $1.55 5d 1 1.26mi
9035 1075 W West Jordan, UT 1.0–2.0 1.0–2.0 783 $1,929 $2.46 2d 13 1.39mi
8018 S Main St Midvale, UT 1.0–2.0 1.0–2.0 753 $1,599 $2.12 2d 2 1.39mi

Listing history 15 events

  1. 2026-06-21
    days on market $58,000 Active 114 DOM
  2. 2026-06-18
    days on market $58,000 Active 111 DOM
  3. 2026-06-17
    days on market $58,000 Active 110 DOM
  4. 2026-06-16
    days on market $58,000 Active 109 DOM
  5. 2026-06-15
    days on market $58,000 Active 108 DOM
  6. 2026-06-13
    days on market $58,000 Active 106 DOM
  7. 2026-06-09
    days on market $58,000 Active 102 DOM
  8. 2026-06-08
    days on market $58,000 Active 101 DOM
  9. 2026-06-07
    days on market $58,000 Active 100 DOM
  10. 2026-06-03
    days on market $58,000 Active 96 DOM
  11. 2026-06-02
    days on market $58,000 Active 95 DOM
  12. 2026-06-01
    days on market $58,000 Active 94 DOM
  13. 2026-05-31
    days on market $58,000 Active 93 DOM
  14. 2026-03-17
    price $58,000
  15. 2026-02-27
    listed $60,000 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 8/10 Severe FEMA zone AE · 99% chance over 30 yrs
  • 🔥 Wildfire 1/10 Low
  • 🌡 Heat 4/10 Moderate 7 d/yr ≥96°F today · 19 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 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
$18,604
− Mortgage interest
−$3,249
− Property taxes
−$870
− Insurance
−$5,408
− Repairs & maintenance
−$1,488
− Management
−$1,488
− Depreciation
−$1,687
Taxable income
$4,413
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$1,059
After-tax cash flow
$3,710/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 · 13 photos

Good 80/100 Cosmetic rehab

This manufactured home is in good condition with a good exterior and interior. Painting the exterior siding and maintaining the HVAC system would be the highest-ROI updates to increase its value.

Value-add opportunities

  • Both Paint the exterior siding — Painting the exterior siding will improve the curb appeal and increase the home's value for both resale and rental.
  • Both Clean and maintain the HVAC system — A clean and well-maintained HVAC system will improve the home's comfort and energy efficiency, which can increase its value for both resale and rental.

Renovation cost estimate screening

Value-add ROI direction

  • Both Paint the exterior siding — Painting the exterior siding will improve the curb appeal and increase the home's value for both resale and rental.
  • Both Clean and maintain the HVAC system — A clean and well-maintained HVAC system will improve the home's comfort and energy efficiency, which can increase its value for both resale and rental.

ⓘ 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
Jordan District
NCES district ID
4900420
Math proficiency
38% ▼ -7.00%
Reading proficiency
43% ▼ -4.00%
Median HH income
$78,154
Composite
37.59/100
National rank
#4384
State rank
#36 of 80 in UT

Livability — West Jordan

Score
80/100
State rank
#34
US rank
#1632

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
West Jordan, UT
County
Salt Lake County · 1,195,750 people
City population
123,084
Metro
Salt Lake City, UT
Population (ZIP)
39,228
Household income
$105,142
Rent vs Own
24.6% rent · 75.4% own
Severe rent burden
777.0

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 (67%)
Race & ethnicity
White 67% Hispanic / Latino 25% Two or more races 10% Asian 3% Native American 1% Pacific Islander 1%
Hispanic origin (detail)
Mexican 18%
Common ancestry
Slovak 3% Italian 2% Iranian 2%
Foreign-born
13% · Canada, Jamaica, China
Languages at home
78% English-only · Spanish 17% Other Indo-European 1% Other Asian/Pacific 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
▼ -259.12%
Current HPI
321.656
Rent YoY
▼ -1.51%
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

-3.3% since first listed
2 events — show timeline
  • 2026-03-17 Price Changed $58,000 WFRMLS
  • 2026-02-27 Listed $60,000 WFRMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…