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7224 N SILVER WAY, Eagle Mountain, UT 84005
$559,900
Reduced from $579,900 · 3 days ago
7224 N SILVER WAY, Eagle Mountain, UT 84005
Type
SFR
List Price
$559,900
Price/Sqft
$201
Est Gross Yield
4.7%
$26,220/yr est.
Property Details
Description
Like having two homes in one, this 2020-built property offers flexibility, income potential, and modern living all in one well-maintained package. The main residence features approximately 1,860 sq ft of thoughtfully designed living space in excellent condition, while the fully functional 919 sq ft basement apartment / ADU includes 2 bedrooms, 1 bathroom, and a private setup ideal for rental income, extended family, or multi-generational living. With potential rents of $1,300+/month and dedicated side parking for the ADU, this property offers a true offset-your-mortgage opportunity. Clean, well-cared-for, and move-in ready, this is the kind of property that checks every box. Seller financing is available with $250,000 down, a 4.99% interest rate, and terms available up to 10 years. The current loan balance is approximately $300,000. The home also includes a solar system with a monthly payment of approximately $118, which will need to be assumed at closing. The approximate remaining solar balance is $25,429.
Listed by Stephen Ostler · EXP Realty, LLC
Location
7224 N SILVER WAY, Eagle Mountain, UT 84005
Proforma
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Cap Rate
3.11%
Cash-on-Cash
-4.17%
Cash Flow
-$729/mo
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Pro forma estimates are based on assumptions, not guaranteed, and should not be relied upon.
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© 2026 UtahRealEstate.com. All rights reserved. Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 6/19/2026, 11:22:51 AM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing data provided by UtahRealEstate.com.