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8503 S IRIS LUMI W LN, Midvale, UT — photo 11 / 52

$397,740

8503 S IRIS LUMI W LN, Midvale, UT 84047

Type

Condo

List Price

$397,740

Price/Sqft

$292

Est Gross Yield

7.5%

$29,712/yr est.

Property Details

Property typeCondo
Year built2026
Total units1
Living area1,360 sqft
Bedrooms3
Bathrooms2
Parking1 spaces
Days on market1
Listed2026-10-17T00:00:00+00:00

Description

Ask About Our 4.75% Introductory Interest Rate!! Prime Location & Contemporary Living in Midvale! Step into modern ease at Jordan Heights at View 78. This stunning home features stylish open spaces, contemporary interior design, and energy-efficient smart features. Enjoy top-tier community perks-sit by the outdoor fire pit, work out in the gym, or relax in the clubhouse lounge. Walk to the Jordan River Trail and TRAX, or take a quick drive to Midvale Main Street, Topgolf, and major retail hubs. Commuter's dream: 15 mins to Downtown SLC, 20 mins to SLC Airport & U of U, and 35 mins to world-class Wasatch ski resorts. Local school boundary includes Midvale Middle & Hillcrest High. Schedule your tour today!

Listed by Ben McGregor · Holmes Homes Realty

Location

8503 S IRIS LUMI W LN, Midvale, UT 84047

Proforma

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Cap Rate

4.97%

Cash-on-Cash

0.78%

Cash Flow

$97/mo

Purchase Price$397,740
Down Payment35% ($139,209)
Interest Rate6.00%
Monthly Rent$2,476/mo
Vacancy5%
Expense Ratio30% ($8,468)

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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 10/18/2026, 12:11:59 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.