7284 N Silver Creek Way
Eagle Mountain, UT 84005
6
Bedrooms
4
Bathrooms
3,428
Sq Ft
2019
Year Built
About This Property
Rare Eagle Mountain opportunity with real income potential and seller financing available. This spacious 6-bedroom, 3.5-bath home includes a separate basement apartment currently renting for $1,375/month, with the tenant also paying 1/3 of utilities. Seller financing is available at a below-market 4.99% interest rate, allowing buyers to combine favorable financing with built-in monthly rental income. The main home offers a bright, well-maintained layout with upgraded cabinets, stylish finishes, 9-foot ceilings on both levels, and plenty of room to spread out. The separate mother-in-law apartment features 2 bedrooms, its own laundry, private entrance, and a double-lock door for added privacy-ideal for rental income, multi-generational living, or a flexible house-hacking setup. With ample parking, a versatile floor plan, and move-in-ready condition, this property offers options that are hard to find at this price point. Located in the heart of Eagle Mountain near outdoor trails, parks, Silver Lake Elementary, Ridley's Market, and Silver Lake Amphitheater Park. Seller financing terms include a $226,000 down payment, 4.99% interest rate, and an estimated monthly payment of approximately $2,500. With the basement apartment income, the effective payment can be significantly reduced. A strong opportunity for buyers looking for space, flexibility, and income potential.
Property Details
Property Type
Single Family
Year Built
2019
Lot Size
5,227.2 sq ft
HOA
$39/mo
Listed Price
$624,900
Owner Financing Terms
Why Owner Financing?
- ✓ No bank qualifying
- ✓ Bad credit OK
- ✓ Fast closing
- ✓ Flexible terms
Free account - No credit card required
Frequently Asked Questions About Owner Financing in Eagle Mountain
What is owner financing for 7284 N Silver Creek Way?
Owner financing means the seller of 7284 N Silver Creek Way acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. This property in Eagle Mountain, UT is available with owner financing terms.
Do I need good credit for owner financing?
No! One of the biggest advantages of owner financing is that you typically don't need to qualify through a bank. This makes it possible to buy a home even with bad credit, no credit history, or self-employment income that's hard to document.
How much is the down payment for this Eagle Mountain home?
Down payment terms are negotiable. Sign up for free to get the specific financing details for this Eagle Mountain property.