1148 N Northfield Rd #47Cedar 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
Investment property for sale in Cedar City at 1148 N Northfield Rd #47, Cedar City, UT, 84721 uses $82,842 cash to close to unlock $3,665/yr annual cash flow and $305/mo monthly cash flow. Total monthly income runs $1,920/mo, and a $1,223/mo payment keeps the spread at $305/mo. Purchase price stands at $249,900, and rental yield measures 9.22% with $1,920/mo rent. Return on cash invested shows 24.33% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 126.95% and total cumulative return in cash records $105,170. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Townhouse
Built in 2004
871.20 sqft lot
$N/A/sqft
$150 monthly 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: Jennifer Davis • ERA Realty Center
Mls Name: WCBR
Mls ID: #25-262633
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.