1059 S Ridge Rd, Cedar City, UT, 84720 | 6.31% Rental Yield | Ziffy
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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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NMLS #2625701
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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics Value
Price $399,900
Est. Rent $3,200/mo
ROI 18%
  • Attractive rent-to-price ratio for income stability
  • Good fit for DSCR financing with healthy coverage
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Investment Highlights

Investment property for sale in Cedar City at 1059 S Ridge Rd, Cedar City, UT, 84720 offers a 6.31% rental yield on a $645,000 purchase with $3,391/mo rent. 86% in year one. Equity gained on principal adds $4,162/yr while 5% annual appreciation supports $178,202 over five years. Portfolio math shows five-year ROI at 91.39% and total cumulative return in cash at $193,924. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,391/mo property income against a $3,157/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2005

0.43 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming Home with Stunning Mountain Views! Welcome to an incredible opportunity in Royal Hunte subdivision! This 3-bedroom, 3-bathroom home with an office, offers breathtaking mountain views, a generous lot, and classic features ready for your personal touch. Inside, you'll find beautiful solid wood flooring that adds warmth and character throughout the main living spaces. A dedicated office provides the perfect setup for working from home or extra guest space. The home carries a more traditional style; it has been lovingly maintained and is full of possibilities for updating and modernizing. Step outside to the yard filled with beautiful mature trees and breathtaking views of Cedar Mountain. Located in an established neighborhood with easy access to parks, the Aquatic Ctr and shopping

Price History

Date

Event

Price

2025-04-28Listed for sale$645,000

Tax History

Date

Tax Paid

Tax Increase Rate

Value

Value Increase Rate

2023-04-30$2737.807.42%$343,47013.19%
2022-04-30$2548.6815.18%$303,45026.07%
2021-04-30$2212.76N/A$240,7004.26%
Loan officer
Loan officer
Loan officer
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved

Facts & Features

General Information

  • Type: SingleFamily
  • Year Built: 2005
  • Architectural Style: N/A
  • Building Area: 2,670
  • Living Area: 2,670 sqft
  • Property Condition: Built & Standing

Features & Amenities

  • Heating: Natural Gas
  • Cooling: Central Air
  • Flooring: N/A
  • Interior Features: N/A
  • Exterior Features: N/A
  • Parking Features: Attached

Location

  • City: Cedar City
  • State: UT
  • Subdivision: N/A
  • Lot Size: 0.43 Acres
  • Lot Features: Curbs & Gutters
  • View: Mountain(s)

HOA & Fees

  • HOA Fee: N/A
  • Association Fee: N/A
  • Fees & Dues: N/A
  • Association Amenities: N/A
  • Association Fee Includes: N/A

Utilities

  • Utilities: Rocky Mountain, Electricity Connected, Natural Gas Connected
  • Sewer: N/A
  • Water Source: N/A
  • Road Surface Type: Paved

School Information

  • Elementary School: Out of Area
  • Middle School: Out of Area
  • High School: Pine View High

Listed by: JENNIE HENDRICKS • CENTURY 21 PRESTIGE REALTY 

Mls Name: WCBR

Mls ID: #25-260734

Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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