Real Estate Investing in Taylorsville, Utah (84123)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 84123 (Taylorsville, UT)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 30.7 — hard to cash-flow at these prices.
What’s happening in Taylorsville, UT (84123)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 84123 Taylorsville
This part of Salt Lake County is not an easy win. The 84123 ZIP reports softness in key indicators, and the playbook that works in cleaner markets often stalls here.
For an experienced owner, 84123 can be a worth a close look for hunting ground — but the discount at $539K reflects genuine risk that outside investors often underestimate.
On balance, 84123 offers a low basis, the region around Taylorsville has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Resident income in 84123 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The 84123 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Taylorsville:
Property Strategy for 84123
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $258,805 | $1,390 | 3.9% | +7.7% | $258,805 |
| 2BR | $324,099 | $1,670 | 3.7% | +7.1% | $162,049 |
| 3BR | $500,937 | $2,230 | 3.2% | +6.8% | $166,979 |
| 4BR | $561,090 | $2,550 | 3.3% | +7.0% | $140,272 |
| 5BR | $639,044 | — | — | +6.7% | $127,809 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 84123 Compare?
| Metric | 84123 | Taylorsville | Salt Lake City, UT | Utah |
|---|---|---|---|---|
| Home Value | $538,991 | $517,405 | N/A | $530,173 |
| 5-Year CAGR | 3.4% | 3.4% | N/A | 7.0% |
| Avg Rent | $1,461 | $1,616 | N/A | - |
| Cap Rate | 2.1% | 2.4% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 84123 (Taylorsville, UT). Anonymous, moderated, never written by AI.
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Property managers serving Salt Lake County
Manage rentals here? List your business →ICO Property Management constructs and oversees luxury Utah apartment communities, crafting enriching lifestyle experiences for residents across 17 locations along the Wasatch Front. summary from their website
Intermountain Association Management (IAMHOA) is a Utah HOA management company providing professional services statewide. summary from their website
Nxt Property Management is Utah's premier third-party multifamily management company. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $538,991 |
| Monthly Rent | $1,461 |
| Price-to-Rent | 30.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.1% |
| 5-Year IRR | 5.5% |
📈 Home Appreciation
| 1-Year | +3.3% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +3.4% ▲ |
| 10-Year CAGR | +7.7% ▲ |
🏠 Rent Trends
| 1-Year | -8.4% ▼ |
| 3-Year CAGR | -4.2% ▼ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.1%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 84123
Population: 36,913
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 84123
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Granite Connection High
Parkside School
Liberty School
Longview School
Hillcrest Jr High
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 6,048 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How should investors approach Taylorsville, UT?
Most investors in Taylorsville, UT run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How much does a house cost in Taylorsville, UT?
Homes in Taylorsville, UT typically sell near $539K. Prices have moved at a 0.0% 5-year CAGR, which stable long-term demand.
What do landlords charge for rent in Taylorsville, UT?
Rent in Taylorsville, UT is around $1,461/mo. The resulting rent-to-value relationship with $539K pricing is reasonable for most investor models.
What kind of vacancy should I budget for in Taylorsville, UT?
Taylorsville, UT vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Can I house hack in Taylorsville, UT?
Taylorsville, UT offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $1,461/mo rent level.
You know 84123 now. You don’t know where it ranks.
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How 84123 ranks in Salt Lake City, UT
Every ZIP in this metro, ranked. Free.
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