1177 N Northfield Rd APT 7Cedar CityUT84772
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeTight but positive: 1177 N Northfield Rd APT 7, Cedar City, UT, 84772 in Cedar City at $259,900 earns $1,782/mo in rent and nets $9/mo after the $1,169/mo payment, a 8.23% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $71,806 over five years. Ziffy Mortgage underwrites this on a 1.52 DSCR without U.S. credit history. With $2,394/yr in principal paydown, total projected return reaches $114,816.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 5.8% |
| Monthly Cash Flow | $9 | $1,250 |
City averages based on Cedar City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,782 |
| Total Monthly Debt Service | $1,420 |
| DSCR Ratio | 1.26x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84772, Summit, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 252 (100%) |
| Owner Occupied HU | 136 (54.0%) |
| Renter Occupied HU | 42 (16.7%) |
| Vacant Housing Units | 74 (29.4%) |
| Median Home Value | $387,500 |
| Average Home Value | $417,574 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 84772, Summit, UT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 252 (100%) |
| Owner Occupied HU | 136 (54.0%) |
| Renter Occupied HU | 42 (16.7%) |
| Vacant Housing Units | 74 (29.4%) |
| Median Home Value | $387,500 |
| Average Home Value | $417,574 |
Housing Distribution
Address Breakdown
Residential
0
Single Family
0
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kiko Arvizu • KW ASCEND KELLER WILLIAMS REAL
Mls Name: ICBOR
Mls ID: #114855