5510 S Obsidian Way Salt Lake City, UT 84118

3 beds · 1 bath · 1,391 sq ft · Lot Size: 6,970 sq ft · Single Family Home · Kearns
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5510 S Obsidian Way is in the Kearns neighborhood of Salt Lake City, UT. It is located in Salt Lake County and ZIP code 84118. This Single Family Home was built in 1978 and is approximately 47 years old. The single family home spans 1391 sq ft with 3 bedrooms and 1 bathroom and sits on a 6970 sq ft lot. The Kearns area of Salt Lake City has 4278 residential homes. Analyze and compare real estate investment strategies for properties like this home at 5510 S Obsidian Way Salt Lake City, UT 84118 with Property Intel by Whitepages.

Investment Potential for 5510 S Obsidian Way

The property has a current estimated value of $365,752, which is 0% below the neighborhood median. Projected long-term rental income is $32,400 annually ($2,700 per month) with a 99% occupancy rate.

Long-Term

Gross Rental
$32,400 per year($2,700 per month)
Net Operating Income
Cap Rate
Occupancy Rate
99%in 84118 zip code
 
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Owners & Occupancy for 5510 S Obsidian Way

This property is owned by Wall Dan Ralph. Owner contact information includes 2 phone numbers.

Property Owners

Residence******************
Landline(801) 969-3805+ 1 more
Distance from Property**********
Cell Phone(801) ***-****
Residence******************
Landline(801) 969-3805+ 1 more
Distance from Property**********
Email Address**********@hotmail.com

Property Ownership Information

Property Tax Amount$2,886 in 2024

Occupancy

Current Occupancy*****View Occupancy
Resident 1************** age 69
Resident 2************ age 87
Resident 3********** age 69
Resident 4************* age 67

Property Details for 5510 S Obsidian Way

Property Details

Property Sq Ft

Living Area

1,391 sq ft

Compare to Kearns

Lot Size

6,970 sq ft

Compare to Kearns

Price Per Sq Ft

Living Area

$263 / sq ft

Compare to Kearns

Lot Size Area

$52 / sq ft

Compare to Kearns
Property condition, age, exterior, etc. for 5510 S Obs…
Longitude: -112.014071 Latitude: 40.650957 Parcel Number (APN): 20-13-203-024-0000…
Mortgage originated on through lender: Zions Mtg Co for$*****View Mortgage Details
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Market Benchmarks

Compare data for 5510 S Obsidian Way in Salt Lake County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$365,752
$491,172
-$125,421 (-26%)
$619,839
-$185,697 (-30%)
YoY Price Change
2.55%
331%
Year Built
1978
1998
-20 years
Living Space
1,391 sq ft
1,715 sq ft
-324 (-19%)
$ Per Living Sq Ft
$263
$286
-$23 (-8%)
Lot Size
6,970 sq ft
8,276 sq ft
-1306 (-16%)
$ Per Lot Sq Ft
$52
$58
-$6 (-10%)

Net Operating Income
$22,984
-$470 (-2%)
Annual Revenue
$32,400
$33,600
-$1,200 (-4%)
$9,277
$609 (7%)
Net Operating Income
$22,984
-$470 (-2%)
Cap Rate
4.49%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians