OFF_MARKETRisky Deal5 days on market

1219 W 500 S

1219 W 500 S, Salt Lake City, UT 84104, Salt Lake City, UT 84104
$398,000
Zestimate®:$395,900

Listing Price

Property image 1
1219 W 500 S, Salt Lake City, UT 84104
Loc: Salt Lake City, UT
Days Listed
5
Tax Assessed
$393k
Zestimate®
$396k
Market Rate
Lot Size
3,920 sqft
Rent Estimate
$1,678/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

3

Franklin School

PK-6
0.3 mi away
5

Glendale Middle School

6-8
1.5 mi away
3

East High School

9-12
3.8 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.34%
Total ROI
6.3%
Cash Flow
$-906/mo
DSCR
0.55
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-03Price change$398,000$451
2026-04-27Pending sale$388,000$439
2026-04-20Price change$388,000$439
2026-04-02Listed for sale$398,000$451
2023-10-05Contingent$360,000$408
2023-09-21Price change$360,000$408
2023-05-03Pending sale$270,000$306
2023-05-01Listed for sale$270,000$306
2023-05-01Listing removed$0
2023-04-12Price change$295,000$334
2023-04-07Listed for sale$245,000$277
2021-02-24Listing removed$0
2020-09-29Listing removed$1,100$1
2020-09-26Listed for rent$1,100$1
2020-04-07Listing removed$150,000$170
2020-04-05Price change$150,000$170
2020-03-29Price change$175,000$198
2020-03-25Listed for sale$150,000$170
2019-09-24Listing removed$900$1
2019-09-24Price change$900$1
2019-09-21Listed for rent$1,100$1
2013-12-03Listing removed$82,500$93
2013-11-26Listed for sale$82,500$93
2013-10-14Listing removed$82,500$93
2013-10-10Listed for sale$82,500$93

Tax History

YearProperty TaxTax Assessment
2025$1,996.21$216,040
2024$1,915.04$200,970
2023$835.71$84,535
2022$933.05$88,550
2021$819.32$70,400
2020$656.35$53,680
2019$654.02$50,325
2018$519.44$36,465
2017$486.63$61,400
2016$481.05$50,700
2015$418.3$60,900
2014$0$57,100
2013$0$58,400
2012$0$58,900
2011$0$75,900
2010$0$76,800
2009$0$78,400
2008$641.37$101,200
2007$0$94,600
2006$0$81,000
2005$0$77,000
2002$0$76,600
2001$0$80,100
2000$0$81,900
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
3
Sq Ft
883
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $398,000Rent Basis: Observed Comp Model ($1,678/mo)State Tax Benchmark: 0.58% (UT)Hazard Reserve: $116/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
2.97%

NOI: $11,834/yr

Cash-on-Cash Yield
-14.1%

On $91,540 invested

DSCR Ratio
0.48x

Negative debt coverage

5-Yr Leveraged ROI
+23.5%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.58% of basis)-$190/mo
Homeowner / Hazard Insurance-$116/mo
Vacancy Reserve (5% of rent)-$84/mo
Repairs & Maintenance (10% of rent)-$168/mo
Property Management (8% of rent)-$134/mo
Total Pure Operating Expenses-$692/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,678/mo
Less: Operating Expenses-$692/mo
Net Operating Income (NOI)+$986/mo
Less: Debt Service (30yr @ 6.75%)-$2,065/mo
Net Cash Flow
$-1,079/mo
$-12,947/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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