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5619 S 2200 W Fourplex
C+ Composite 60.66
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 +25.5/30.0
  • DSCR +8.5/10.0
  • ARV discount +7.5/15.0
  • 1% rule +6.7/10.0
  • Livability +4.0/5.0
  • Schools +3.2/10.0
  • Condition / age +2.8/5.0
  • Rent growth +2.4/5.0
  • Appreciation +0.0/10.0

$679,000

5619 S 2200 W · Roy, UT 84067
16 bd · 76.0 ba · 4,904 sqft · MultiFamily · 102 Days on market
Built 1960 Average condition 10,018 sqft lot ↓ 3% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 4 units. confirmed

Listing remarks

Fully brick fourplex with a metal roof. Updated electrical boxes, undated furnaces, central air units, windows up and water heaters. Each unit has stack washer/dryer except 5617 unit has laundry down. Two units have walk in showers/ two units has tubs. Well maintained, easy care yard, zeroscaped. All hardwood floors and tile.

Key facts

  • Stack washer dryer
  • Metal roof
  • Updated furnaces

Tags

FULLY BRICK FOURPLEXMETAL ROOFUPDATED ELECTRICAL BOXESUPDATED FURNACESCENTRAL AIR UNITSSTACK WASHER DRYER

Property features AI

Finance

  • Other: Landscaping: full and xeriscaped areas; Topography: mostly flat
  • Financial info: Multi-family zoning; Property contains 4 total units; Unit rents (as reported): two units at $1,000 each; two units at $800 each (one listing shows 4 units with $1,000 rent and square footage noted for a larger unit)

Exterior

  • Parking: Uncovered open parking; Five total parking spaces (all open)
  • Utilities: Natural gas connected; Electricity connected; Public sewer connected; Culinary water
  • Home design: Side-by-side multi-family building; Single-level living / ground level accessibility; Faces southeast; Agent owned; Residential use
  • Construction: Built in 2015 (effective year); Brick construction; Metal roof; Building in good standing / built and standing
  • Exterior features: Basement entrance; Walkout; Double pane windows; Storm doors; Partially fenced; Curb and gutter; Sidewalks; Automatic full sprinkler system; Mountain view

Interior

  • Kitchen: Updated kitchen(s); Free standing range/oven; Built-in dishwasher
  • Bedrooms: Four 2-bedroom units (unit breakdown below includes bedroom counts per unit); One 2-bedroom unit; Three 1-bedroom units
  • Flooring: Hardwood flooring; Laminate flooring
  • Bathrooms: Total of 4 bathrooms across units; Some units include 1/4 bath (as noted in directions)
  • Heating & cooling: Forced air heating; Gas central heating
  • Interior features: Updated kitchen; Range/oven (free standing); Built-in dishwasher; Blinds; Window coverings
  • Laundry & utility: 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 4 × 4-bed/19.0-bath units multifamily listed at $679k. Condition is rated average.

Deal economics

  • At list price, monthly cash flow is $2k ($19k/yr) — positive. Per door: $399/mo.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($8k rent vs $679k).
  • Recommended offer: $618k (9.0% below list) — sets the bar for market timing.

Location & tenants

  • Location reads 81/100 on livability (#32 in UT, #1,449 nationally) — a professional / high-income tenant draw. Strengths: housing A+, health & safety A+, commute A; Watch: amenities 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: Midland School (math 37% / reading 28%, grade F, #416 of 585 statewide, top 71%, 568 students, 29% FRL); Roy Jr High (math 23% / reading 25%, grade F, #123 of 138 statewide, top 90%, 1,008 students, 37% FRL); Roy High (math 15% / reading 39%, grade F, #131 of 171 statewide, top 79%, 1,834 students, 28% FRL).
  • Market conditions: Rents soft (-0.5%/yr); 203 active listings in the ZIP; solid renter incomes; 1,630 units permitted in Weber County in 2024 (521 in 5+ unit buildings).
  • At $7,958/mo this rent would consume 105% of the median local household income ($91k/yr) (locally 216% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $5k of loan paydown is wiped out by about $20k 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 102 days — a 9% lower offer ($618k) is reasonable based on typical stale-listing flexibility.
Recommended offer $617,890 (9.0% below list)

Questions for the listing agent

  1. It's been on market 102 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
  2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
  3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
  4. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  7. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.17%
Cap rate
9.11%
Cash-on-cash
10.06%
DSCR
1.45
GRM
7.1

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
-4.6%
Equity multiple
0.83×
Total profit
$-31,680
Equity at exit
$101,241
10-year hold
IRR
1.2%
Equity multiple
1.07×
Total profit
$13,531
Equity at exit
$58,708

Cash invested: $190,120 (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 84067

Rents YoY
-0.5%
Active inventory
203
Price-to-rent
28.4×

Monthly cashflow live

Estimated rent
$7,958 high interval (Pro) →
Mortgage (P&I)
$3,561
Tax est. 1.5%
$849 /mo · $10,185/yr
Insurance
$283
HOA
$0
Vacancy / Maint / Mgmt
$1,671
Net cashflow
$1,594

Break-even live

Break-even rent $5,940
Max offer price $679,000
Occupancy floor 75%

4-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
Total (4 units) $7,958

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
$169,750
Closing costs
$20,370
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.

Listing history 17 events

  1. 2026-06-18
    days on market $679,000 Active 102 DOM
  2. 2026-06-17
    days on market $679,000 Active 101 DOM
  3. 2026-06-16
    days on market $679,000 Active 100 DOM
  4. 2026-06-15
    days on market $679,000 Active 99 DOM
  5. 2026-06-14
    days on market $679,000 Active 97 DOM
  6. 2026-06-10
    days on market $679,000 Active 94 DOM
  7. 2026-06-09
    days on market $679,000 Active 93 DOM
  8. 2026-06-08
    days on market $679,000 Active 92 DOM
  9. 2026-06-07
    days on market $679,000 Active 91 DOM
  10. 2026-06-05
    days on market $679,000 Active 88 DOM
  11. 2026-06-03
    days on market $679,000 Active 87 DOM
  12. 2026-06-02
    days on market $679,000 Active 86 DOM
  13. 2026-06-01
    days on market $679,000 Active 85 DOM
  14. 2026-05-31
    days on market $679,000 Active 84 DOM
  15. 2026-05-31
    days on market $679,000 Active 83 DOM
  16. 2026-04-22
    price $679,000
  17. 2026-03-08
    listed $699,000 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 4/10 Moderate
  • 🌡 Heat 4/10 Moderate 6 d/yr ≥93°F today · 15 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 4/10 Moderate 4 unhealthy d/yr today · 5 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
$95,496
− Mortgage interest
−$38,035
− Property taxes
−$10,185
− Insurance
−$3,395
− Repairs & maintenance
−$7,640
− Management
−$7,640
− Depreciation
−$19,753
Taxable income
$8,849
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$2,124
After-tax cash flow
$17,009/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 · 10 photos

Average 55/100 Moderate rehab

The property is a fourplex with average condition, requiring moderate repairs and maintenance. Upgrading the interior and exterior can significantly increase its resale and rental value.

Repairs flagged

  • Minor Kitchen cabinets — The cabinets are wooden and show some wear.
  • Minor Bathroom fixtures — The fixtures in the bathrooms appear to be in good condition.
  • Minor Exterior paint — The exterior paint appears to be in good condition.

Value-add opportunities

  • Resale Paint interior walls — Fresh paint can make the interior look more modern and appealing to potential buyers.
  • Resale Replace kitchen cabinets — New cabinets can significantly improve the kitchen's appearance and functionality.
  • Resale Upgrade bathroom fixtures — Modern fixtures can enhance the bathroom's appeal and functionality.
  • Both Landscaping and curb appeal — A well-maintained yard and curb appeal can attract more potential buyers and renters.

Renovation cost estimate screening

Repair itemSeverityEst. cost
Kitchen cabinets · The cabinets are wooden and show some wear. Minor $500–3,000
Bathroom fixtures · The fixtures in the bathrooms appear to be in good condition. Minor $500–3,000
Exterior paint · The exterior paint appears to be in good condition. Minor $500–3,000
Total estimated repair cost · 3 items $1,500–9,000

Value-add ROI direction

  • Resale Paint interior walls — Fresh paint can make the interior look more modern and appealing to potential buyers.
  • Resale Replace kitchen cabinets — New cabinets can significantly improve the kitchen's appearance and functionality.
  • Resale Upgrade bathroom fixtures — Modern fixtures can enhance the bathroom's appeal and functionality.
  • Both Landscaping and curb appeal — A well-maintained yard and curb appeal can attract more potential buyers and renters.

ⓘ 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
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 — Roy

Score
81/100
State rank
#32
US rank
#1449

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Roy, UT
County
Weber County · 260,557 people
City population
38,794
Metro
Ogden-Clearfield, UT
Population (ZIP)
38,794
Household income
$91,115
Rent vs Own
16.0% rent · 84.0% own
Severe rent burden
216.0

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 (73%)
Race & ethnicity
White 73% Hispanic / Latino 19% Two or more races 8% Asian 2%
Hispanic origin (detail)
Mexican 14%
Common ancestry
Slovak 4% Italian 4% Portuguese 3%
Foreign-born
6% · Canada
Languages at home
86% English-only · Spanish 11% Other Asian/Pacific 1% Tagalog/Filipino 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
▼ -284.84%
Current HPI
323.642
Rent YoY
▼ -0.45%
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

-2.9% since first listed
2 events — show timeline
  • 2026-04-22 Price Changed $679,000 WFRMLS
  • 2026-03-08 Listed $699,000 WFRMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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