1061 N Fern StCedar CityUT84721
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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
Investment Highlights
Rental property for sale in Cedar City at 1061 N Fern St, Cedar City, UT, 84721 priced at $389,900 converts $2,369/mo rent into $84/mo cash flow after a $1,908/mo obligation. Total monthly income equals $2,369/mo, and annual cash flow totals $1,009/yr on $129,252 invested. Return on cash invested prints 20.69% in year one, and rental yield reads 7.29% against a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation compiles into $107,722 by year five. Five-year ROI reaches 106.63% and total cumulative return in cash sums $137,821. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,369/mo property income covering a $1,908/mo payment, not borrower’s personal income.
Single Family
Built in 2024
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84721, Cedar City, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,512 (100%) |
| Owner Occupied HU | 6,751 (64.2%) |
| Renter Occupied HU | 3,146 (29.9%) |
| Vacant Housing Units | 615 ( 5.9%) |
| Median Home Value | $421,347 |
| Average Home Value | $469,115 |
Housing Distribution
Address Breakdown
Residential
10,226
Single Family
10,124
Multi-Family
102
Businesses
991
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Listed by: Laurel Malan • REALTYPATH (FIDELITY ST GEORGE)
Mls Name: WCBR
Mls ID: #24-250343
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.