For SaleRisky Deal7 days on market

915 W 300 S

915 W 300 S, Salt Lake City, UT 84104, Salt Lake City, UT 84104
$399,900
Estimate®:$399,000

Listing Price

Property image 1
915 W 300 S, Salt Lake City, UT 84104
Loc: Salt Lake City, UT
Days Listed
7
Tax Assessed
$419k
Estimate®
$399k
Market Rate
Lot Size
3,920 sqft
Rent Estimate
$2,171/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
4

Salt Lake Center for Science Education Bryant

7-8
2.6 mi away
3

East High School

9-12
3.4 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

Single Family Residence1904CentralCentral Air2 Open Parking spaces3,920 sqft2 Days$275

Haven AI Verdict

Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.01%
Total ROI
46.0%
Cash Flow
$-738/mo
DSCR
0.64
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-738/mo net cash flow with a 4.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • Prime residential location in Salt Lake City, UT
  • Long-term capital appreciation corridor
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-14Listed for sale$399,900$275
2026-07-28Listing removed$399,900$275
2026-05-29Pending sale$399,900$275
2026-05-04Price change$399,900$275
2026-04-22Price change$414,900$285
2026-04-01Listed for sale$429,900$295
2025-12-10Listing removed$440,000$302
2025-12-10Price change$440,000$302
2025-12-05Price change$414,500$285
2025-10-06Price change$419,900$289
2025-06-13Listed for sale$450,000$309
2025-06-06Pending sale$450,000$309
2025-05-15Listed for sale$450,000$309
2025-04-16Listing removed$435,000$299
2025-04-12Pending sale$435,000$299
2025-04-01Listed for sale$435,000$299
2025-03-11Pending sale$435,000$299
2025-03-04Listed for sale$435,000$299
2025-02-14Listing removed$440,000$302
2025-02-05Listed for sale$440,000$302
2025-01-28Pending sale$440,000$302
2025-01-07Price change$440,000$302
2024-12-17Listed for sale$447,999$308
2021-03-24Listing removed$0
2015-05-17Listing removed$1,250$1
2004-06-21Sold$0

Tax History

YearProperty TaxTax Assessment
2025$2,130.88$230,615
2024$1,977.41$207,515
2023$1,917.19$193,930
2022$2,045.76$194,150
2021$1,687.26$144,980
2020$1,581.01$129,305
2019$1,619.69$124,630
2018$1,184.61$83,160
2017$1,109.77$145,500
2016$1,139.96$127,700
2015$1,053.6$99,300
2014$864.34$91,400
2013$0$91,100
2012$0$93,800
2011$0$102,800
2010$0$104,000
2009$0$103,400
2008$789.04$124,500
2007$0$166,700
2006$0$135,300
2005$0$121,600
2002$0$88,500
2001$0$107,200
2000$0$104,500
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,455
Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Modeled value-add projection (+18% baseline) for 3b/2ba in Salt Lake City
+18% vs. list
$
$65,475
75% Rule
Maximum Allowable Offer (MAO)
$288,437

Calculated as (75% × $471,882) − $65,475

Asking Price is $111,463 (27.9%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $288,437 based on $65,475 in required updates.
Current Asking Price:$399,900
Estimated ARV:$471,882
Estimated Renovation:$65,475
All-In Capital Basis (MAO + Rehab):$353,912
Projected Equity Margin:+$117,970
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 Provenance:[Observed] List Price: $399,900[Observed] Rent: $2,171/mo[Estimated] Tax Rate: 0.58% (UT)[Estimated] Hazard Ins: $117/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreRisky
1/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
4.06%

NOI: $16,224/yr

Cash-on-Cash Yield
-9.4%

On $91,977 invested

DSCR Ratio
0.65x

Negative debt coverage

5-Yr Leveraged ROI
+47.0%

Equity + cumulative cash

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

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (0.58% of basis)-$203/mo
[Estimated]Homeowner / Hazard Insurance-$117/mo
[Defaulted]Vacancy Reserve (5% of rent)-$109/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$217/mo
[Defaulted]Property Management (8% of rent)-$174/mo
Total Pure Operating Expenses-$819/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,171/mo
Less: Operating Expenses-$819/mo
Net Operating Income (NOI)+$1,352/mo
Less: Debt Service (30yr @ 6.75%)-$2,075/mo
Net Cash Flow
$-723/mo
$-8,676/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

Similar Properties Nearby

Explore other investment opportunities in Salt Lake City.