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1500 N Angel W #56
D Composite 41.46
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
  • ARV discount +7.5/15.0
  • Cash flow +7.3/30.0
  • Livability +4.3/5.0
  • Schools +4.1/10.0
  • Condition / age +4.0/5.0
  • Rent growth +2.8/5.0
  • DSCR +1.5/10.0
  • Appreciation +0.0/10.0

$57,900

1500 N Angel W #56 · Layton, UT 84041
3 bd · 2.0 ba · 938 sqft · Manufactured · 31 Days on market
Built 1979 Good condition $1000/mo HOA · 60% of rent

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks

Mountain View Estates features a Beautifully remodeled Mobile Home in an Incredible Location. . nice, Private, and cozy setting but convenient to nearly everything. . Shopping, Eateries, Layton Hills Mall, Wall Mart, Schools, Parks and major roadways. New Roof, New Double Pane Windows, New Switch AC/Heat Unit, Freshly remodeled kitchen with Quartz Counters, Updated Bathrooms with Tiled Shower Stalls and LVP Floors throughout. Park has picnic, kids playground and dog friendly play area. Home is To Be Sold in AS IS Condition with No Warranties. Possible Financing with TruPath, NorthStar Mortgage or 21t Mortgage.

Key facts

  • Quartz counters
  • Double pane windows
  • New roof

Tags

REMODELED MOBILE HOMEINCREDIBLE LOCATIONNEW ROOFDOUBLE PANE WINDOWSFRESHLY REMODELED KITCHENQUARTZ COUNTERS

Property features AI

Finance

  • Other: Subdivision: MOUNTAIN VIEW ESTATES MOBILE
  • HOA & community: Homeowners association (monthly fee); Association name: Linda; Association fee: $1,000 monthly

Exterior

  • Parking: Two open, uncovered parking spaces (total 2 spaces)
  • Utilities: Natural gas available; Electricity connected; Sewer connected; Culinary (municipal) water
  • Home design: Mobile home; Built/standing condition
  • Construction: Aluminum exterior; Rubber roof; Above-grade finished living area (938)
  • Exterior features: Covered deck; Paved road access; Flat terrain with full landscaping

Interior

  • Kitchen: Microwave; Refrigerator; Free-standing range/oven; Garbage disposal
  • Bedrooms: Three main-level bedrooms; Primary bedroom on the 1st floor
  • Bathrooms: Two three-quarter bathrooms
  • Heating & cooling: Gas central heating
  • Interior features: Garbage disposal; Free-standing range/oven; Double-pane windows
  • Laundry & utility: Washer; Dryer

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. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-77 ($-923/yr) — negative.
  • To cash-flow at today's rent, offer at most $47k (19.2% below list).
  • Meets the 1% rule at list price ($2k rent vs $58k).
  • Recommended offer: $47k (19.2% below list) — sets the bar for cash-flow.

Location & tenants

  • Location reads 86/100 on livability (#11 in UT, #457 nationally) — a professional / high-income tenant draw. Strengths: commute A+, employment A+, housing A+.
  • Davis District (suburban): math 43% / reading 47% proficiency, ranked #28 of 80 in UT (top 35%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; only 19% free/reduced lunch — higher-income household profile.
  • Zoned schools: Vae View School (math 17% / reading 17%, grade F, #542 of 585 statewide, top 93%, 340 students, 51% FRL); North Davis Jr High (math 30% / reading 34%, grade F, #101 of 138 statewide, top 73%, 924 students, 46% FRL); Northridge High (math 24% / reading 43%, grade F, #106 of 171 statewide, top 62%, 1,954 students, 23% FRL) — zoned schools average 40% FRL vs 19% district-wide (22 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Zoned-school proficiency averages 28% at this address vs 45% district-wide (-18 pts) — the specific schools serving this property underperform the Davis District average; the district grade overstates school quality for this exact location.
  • Market conditions: Rents rising (+1.3%/yr); 342 active listings in the ZIP; 19 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; 1,461 units permitted in Davis County in 2024 (508 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $400 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
  • Davis County population projected at +39% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 31 days — a 3% lower offer ($56k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts 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.

Risks & watch-outs

  • Watch-outs: HOA is 60% of rent.
Recommended offer $46,768 (19.2% 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 31 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
  3. Built in 1979 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  6. 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?
  7. 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?
  8. 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.
  9. 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.
  10. 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
2.89%
Cap rate
4.70%
Cash-on-cash
-5.69%
DSCR
0.75
GRM
2.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 1.3% rent growth · sell at horizon

5-year hold
IRR
-32.5%
Equity multiple
-0.02×
Total profit
$-16,460
Equity at exit
$8,633
10-year hold
IRR
-91.0%
Equity multiple
-0.80×
Total profit
$-29,215
Equity at exit
$5,006

Cash invested: $16,212 (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 84041

Rents YoY
1.3%
Active inventory
342
Price-to-rent
2.9×

Monthly cashflow live

Estimated rent
$1,675 high interval (Pro) →
Mortgage (P&I)
$304
Tax est. 1.5%
$72 /mo · $868/yr
Insurance
$24
HOA
$1,000
Vacancy / Maint / Mgmt
$352
Net cashflow
$-77

Break-even live

Break-even rent $1,772
Max offer price $46,768
Occupancy floor 100%

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
$14,475
Closing costs
$1,737
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 19 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
1505 N Angel St Layton, UT 2.0 1.5 1100 $1,417 $1.29 14d 3 0.13mi
1600 N 1575 W Layton, UT 1.0–2.0 1.0–2.0 842 $1,800 $2.14 14d 8 0.24mi
1560 N Main St Layton, UT 1.0–2.0 1.0–2.0 1125 $1,400 $1.24 23d 8 0.27mi
1428 W 1650 N Layton, UT 2.0 1.5 1000 $1,350 $1.35 23d 1 0.28mi
1475 N Main St Layton, UT 1.0–3.0 1.0–2.0 960 $1,906 $1.99 13d 18 0.32mi
1448 W 1650 N Unit 3 Layton, UT 2.0 1.0 819 $1,120 $1.37 14d 1 0.32mi
1125 N Main St Layton, UT 1.0–3.0 1.0–2.0 1075 $1,644 $1.53 14d 10 0.34mi
1737 N 1450 W Layton, UT 2.0 1.0 750 $1,250 $1.67 23d 1 0.38mi
1814 N 700 W Layton, UT 1.0–2.0 1.0–2.0 838 $1,734 $2.07 14d 10 0.48mi
540 W 1425 N Layton, UT 1.0–2.0 1.0–2.0 600 $1,475 $2.46 13d 8 0.51mi
1150 W 825 N Layton, UT 1.0–3.0 1.0–2.0 999 $1,850 $1.85 14d 7 0.66mi
1656 N 400 W Layton, UT 1.0–2.0 1.0–1.5 848 $1,584 $1.87 14d 10 0.69mi
1300 S 1800 E Clearfield, UT 1.0–3.0 1.0–2.0 1113 $2,197 $1.97 14d 20 1.08mi
2075 N Main St Layton, UT 1.0–3.0 1.0–2.0 1062 $1,695 $1.60 13d 13 1.10mi
1200 S 1500 E Clearfield, UT 1.0–2.0 1.0 815 $1,260 $1.55 13d 18 1.13mi
1100 S 2000 E Clearfield, UT 1.0–3.0 1.0–2.0 895 $1,952 $2.18 13d 32 1.21mi
2525 N Hill Field Rd Layton, UT 2.0 1.0 775 $1,659 $2.14 23d 1 1.29mi
900 S 1500 E Clearfield, UT 1.0–3.0 1.0–2.5 1175 $1,855 $1.58 13d 7 1.42mi
1902 E 700 S Clearfield, UT 1.0–3.0 1.0–2.0 1085 $2,415 $2.23 13d 21 1.43mi

HOA detail

Monthly dues
$1,000 · $12,000/yr

Listing history 7 events

  1. 2026-06-18
    days on market $57,900 Active 31 DOM
  2. 2026-06-17
    days on market $57,900 Active 30 DOM
  3. 2026-06-16
    days on market $57,900 Active 29 DOM
  4. 2026-06-15
    days on market $57,900 Active 28 DOM
  5. 2026-06-14
    days on market $57,900 Active 26 DOM
  6. 2026-06-13
    remarks 618-char remark
  7. 2026-06-13
    listed $57,900 Active 25 DOM

ⓘ 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 (unshaded) · 0% 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 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$20,099
− Mortgage interest
−$3,243
− Property taxes
−$868
− Insurance
−$290
− Repairs & maintenance
−$1,608
− Management
−$1,608
− HOA
−$12,000
− Depreciation
−$1,684
Taxable loss
−$1,202
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$289
After-tax cash flow
$-635/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 remodeled mobile home in Mountain View Estates is in good condition with recent updates, including a new roof, windows, and HVAC unit. It's move-in ready with a good curb appeal and potential for further value through landscaping and exterior maintenance.

Value-add opportunities

  • Both Landscaping — Enhances curb appeal and adds value
  • Both Painting exterior — Fresh paint improves curb appeal and value
  • Both Landscaping and exterior maintenance — Maintains and enhances curb appeal and value

Renovation cost estimate screening

Value-add ROI direction

  • Both Landscaping — Enhances curb appeal and adds value
  • Both Painting exterior — Fresh paint improves curb appeal and value
  • Both Landscaping and exterior maintenance — Maintains and enhances curb appeal and value

ⓘ 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
Davis District
NCES district ID
4900210
Math proficiency
43% ▼ -9.00%
Reading proficiency
47% ▼ -5.00%
Median HH income
$70,511
Composite
40.59/100
National rank
#3698
State rank
#28 of 80 in UT

Livability — Layton

Score
86/100
State rank
#11
US rank
#457

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Layton, UT
County
Davis County · 341,755 people
City population
83,689
Metro
Ogden-Clearfield, UT
Population (ZIP)
55,180
Household income
$89,604
Rent vs Own
33.6% rent · 66.4% own
Severe rent burden
1058.0

Population outlook (Davis County) Hauer SSP2

Today (2025)
399,271 people
By 2030
430,528 · +7.8%
By 2040
493,485 · +23.6%
By 2050
555,187 · +39.1%
By 2075
688,589 · +72.5%
By 2100
769,646 · +92.8%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (75%)
Race & ethnicity
White 75% Hispanic / Latino 17% Two or more races 10% Asian 2% Black 1% Pacific Islander 1%
Hispanic origin (detail)
Mexican 12%
Common ancestry
Slovak 4% Italian 2% Portuguese 2%
Foreign-born
7% · Canada
Languages at home
86% English-only · Spanish 11% Tagalog/Filipino 1% Other Indo-European 1%

Political lean MEDSL · Davis

2024 margin
Strong R (+24.9) · D 36.0% · R 60.8% · Other 3.2%
2008→2024 swing
+17.4pp toward D · 2008: -42.3pp · 2024: -24.9pp
All cycles
2024: R+24.9 2020: R+27.5 2016: R+23.3 2012: R+61.8 2008: R+42.3

Not yet ingested

Civics

Market trends

HPI YoY
▼ -173.00%
Current HPI
307.2627
Rent YoY
▲ 1.30%
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

3 events — show timeline
  • 2026-06-10 Relisted WFRMLS
  • 2026-05-22 Listing Removed WFRMLS
  • 2026-04-30 Listed $57,900 WFRMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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