- Strong STR Cash Flow
- Price cut 6%
742 W 400 S, Payson, UT 84651
$375,000
Originally listed at $400,000
Est. $2,324/mo
- Beds
- 4
- Baths
- 2
- Sq ft
- 1,966
- Built
- 1940
Why this home stands out
- Priced 9% below selected similar sold homes
- 6% price reduction from original list
- $347/mo STR net cash flow (+12.7% return on spend)
- 257.0 days on market — potential negotiation opportunity
About this home
Discover the potential of this 1,966 sq. ft. rambler/ranch style home located in the heart of Payson. This residence offers a functional layout featuring 4 bedrooms and 2 bathrooms distributed evenly across the main floor and a 100% finished basement. The interior boasts durable laminate and carpet flooring,. Comfort is maintained year-round with forced air heating and a roof-mounted evaporative cooler. Situated on a 0.18-acre lot, the exterior is fully landscaped and includes a fully fenced yard, a patio, and a convenient storage shed. Parking is provided by a 1-car carport. Located within the Nebo School District, students have access to Wilson Elementary and Payson High School. Please note: This is a short sale requiring third-party approval. The property is being sold "as is". Square footage figures are provided as courtesy estimates only and were obtained from county records. Buyer is advised to obtain an independent measurement.
Features
- Disposal
- Jetted Tub
- Oven: Gas
Agents
Connect with your buyer agent
Get local guidance on this home from Juston.
Salt Lake County Realtor | Smart Real Estate. Lasting Legacy.
20 yrs experience
Listed by Teri H Taylor
KW WESTFIELD
MLS #2137675
Your message goes only to Juston.
See the deal analysis, value and rental income
Ask Juston how this home rates as a deal, what it should sell for, and what it could earn as a long-term or short-term rental.
- Deal score
- Estimated value
- Rental income
Schools
Nebo- Wilson
Elementary
- Mt. Nebo
Middle School
- Payson
High School
- American Preparatory Academy - Salem
K-8 School · 2.8 mi
59% proficient
Nearby
Recreation
58 / 100- Local Park · Hillman Field2198 ft
- Golf Course · Gladstan Golf Course3.5 mi
- Airport · Spanish Fork Airport6.0 mi
- Boat Ramp · LaBaron Point7.2 mi
Show 3 more
- State Park · Utah Lake State Park12 mi
- Lake · Utah Lake13 mi
- Ski Resort · Sundance Resort25 mi
Internet
Excellent · fiber · 100/100Intellipop
Fixed Wireless · 1000 Gbps
Utah Telecommunication Open Infrastructure Agency
Fiber · 10 Gbps
SenaWave
Fiber · 2.5 Gbps
All 14 providers
- IntellipopFixed Wireless1000 Gbps1000 Gbps
- Utah Telecommunication Open Infrastructure AgencyFiber10 Gbps10 Gbps
- SenaWaveFiber2.5 Gbps2.5 Gbps
- XfinityCable2 Gbps250 Mbps
- Beehive BroadbandFiber1 Gbps1 Gbps
- Utah BroadbandFixed Wireless1 Gbps1 Gbps
- VerizonFixed Wireless300 Mbps20 Mbps
- StarlinkSatellite280 Mbps30 Mbps
- AT&TFixed Wireless100 Mbps20 Mbps
- HughesNetSatellite100 Mbps5 Mbps
- Rise BroadbandFixed Wireless50 Mbps10 Mbps
- T-MobileFixed Wireless25 Mbps3 Mbps
- Viasat IncSatellite25 Mbps3 Mbps
- CenturyLinkDSL10 Mbps1 Mbps
Home details
Property
- Type
- Residential
- Style
- Single Family Residence
- Architectural style
- Rambler/Ranch
- Year built
- 1940
- Stories
- 2
- Above grade area
- 983 sq ft
- Condition
- Blt./Standing
- Construction
- Asbestos
- County
- Utah
- Zoning
- Single-Family
- MLS #
- 2137675
Costs
- List price
- $375,000
- Original price
- $400,000
- Annual taxes
- $2,380
- Home warranty
- No
Lot and parking
- Lot
- 7,841 sqft
- Garage
- 1 car
- Covered spaces
- 1
- Total parking
- 1
Systems
- Heating
- Forced Air
- Cooling
- Evaporative Cooling
- Roof
- Asphalt
- Flooring
- Carpet,Laminate
- Basement
- Full
- Appliances
- Refrigerator
- Water
- Culinary
- Sewer
- Sewer: Connected
All home details53 details
Property Info
- Property Type
- Residential
- Property Style
- Single Family Residence
- Architectural Style
- Rambler/Ranch
- Condition
- Blt./Standing
- MLS #
- 2137675
- County
- Utah
- Year Built
- 1940
- New Construction
- No
- Stories
- 2
- Total Rooms
- 12
- Living Area
- 1,966 sq ft
- Above Grade Area
- 983 sq ft
- Lot Size (Acres)
- 0.18
- Lot Size
- 7,840.8 sq ft
- Zoning
- Single-Family
Bedrooms & Baths
- Bedrooms
- 4
- Total Bathrooms
- 2
- Full Baths
- 2
Financial
- List Price
- $375,000
- Original Price
- $400,000
- HOA
- No
- Annual Taxes
- $2,380
- Home Warranty
- No
Structure
- Construction
- Asbestos
- Basement
- Full
- Roof
- Asphalt
- Flooring
- Carpet,Laminate
- Heating
- Forced Air
- Cooling
- Evaporative Cooling
- Appliances
- Refrigerator
Lot & Land
- Topography
- Terrain, Flat
- Waterfront
- No
- Horse Property
- No
Parking
- Garage
- Yes
- Garage Spaces
- 1
- Carport
- No
- Covered Spaces
- 1
- Total Parking
- 1
- ADU
- No
Amenities
- Fireplace
- No
- Pool
- No
- Spa/Hot Tub
- No
- Inclusions
- Refrigerator
Utilities
- Water Source
- Culinary
- Sewer
- Sewer: Connected
- Utilities
- Natural Gas Connected,Electricity Connected,Sewer Connected,Water Connected
Schools
- Elementary
- Wilson
- Middle School
- Mt. Nebo
- High School
- Payson
- Elementary District
- Nebo
Timeline
- Listed
- Feb 17, 2026
- Days on Market
- 239
- Status
- Active
Payson market
Explore PaysonPayson median
$488,400
This home: 23% below
Days to sell
65
Utah: 70
Homes for sale
98
Price range
$239k – $7.35M
Sale to list
99%
Market
Balanced market
SafetyLow Crime · 30.5 incidents per 1,000 residents · 34% below the Utah average
Safety rating 6.6 out of 10.
Violent
5.7
per 1,000 · national 3.6
Property
13.8
per 1,000 · national 17.6
vs Utah
−34%
46.4 per 1,000 statewide
vs Utah
−1%
30.8 per 1,000 countywide
Society
10.9
per 1,000
Population 25,051 · 2024 reports · Local rates use NIBRS; national rates use FBI UCR index crimes, which count fewer offense types.
Location
742 W 400 S, Payson, UT 84651
Open in map searchCommon questions
About 742 W 400 S, Payson, UtahWhat is the asking price for 742 W 400 S, Payson?
742 W 400 S, Payson is listed at $375,000 ($191/sqft). The original list price was $400,000, representing a reduction of $25,000. This listing is currently active and available for showings.
Is 742 W 400 S, Payson a good deal?
Propaired's AI deal analysis classifies this property as a "Strong STR Cash Flow" with a deal score of 82/100. Key deal signals: Priced 9% below selected similar sold homes; 6% price reduction from original list; $347/mo STR net cash flow (+12.7% return on spend). The price is 9% below similar homes in the area. This analysis considers price relative to comparables, days on market, price reductions, and market conditions.
Is 742 W 400 S, Payson a good investment property?
Based on market rental data, this property has an estimated annual rent of $24,586 with a gross rental yield of 6.6%. Net rental yield (after estimated expenses): 4.3%. Estimated debt service coverage ratio (DSCR): 0.89. Investor score: 47/100. These are estimates based on area comparables.
What lifestyle features does 742 W 400 S, Payson offer?
Propaired's AI has identified 3 lifestyle features for this property: Hot Tub & Spa, Fixer-Upper, Pet Friendly. The primary lifestyle niche is "fixer_upper." These tags are derived from MLS data, property features, and location analysis.
What recreation is near 742 W 400 S, Payson?
This property has a recreation score of 58/100. Nearby recreation includes: Red Lake trailhead (6.4 mi); Hillman Field park (0.4 mi); Gladstan Golf Course (3.5 mi); Utah Lake State Park (12.1 mi). Skiing: Sundance Resort (24.8 mi). Utah offers world-class outdoor recreation year-round, from skiing to hiking to national parks.
What schools serve 742 W 400 S, Payson?
Assigned schools: Elementary: Wilson; Middle: Mt. Nebo; High: Payson. There are 1 schools within 3 miles of this property. The highest-rated nearby school is American Preparatory Academy - Salem with a 59% state performance score (2.8 miles away). School district: Nebo.
All 8 questions
What is the internet speed at 742 W 400 S, Payson?
This property has a broadband score of 100/100 (Excellent). Best available speed: 1000000 Mbps download / 1000000 Mbps upload. Fiber internet is available at this address. Available providers: AT&T (100 Mbps, Fixed Wireless); Beehive Broadband (1000 Mbps, Fiber); CenturyLink (10 Mbps, DSL). Total providers: 14.
Is 742 W 400 S, Payson in a flood zone?
This property is classified as low. Flood insurance is not typically required but may be recommended. Always verify current FEMA maps as they are periodically updated.
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