1549 Northfield Rd #64Cedar 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 1549 Northfield Rd #64, Cedar City, UT, 84721 uses $104,423 cash to close to unlock $2,754/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $2,176/mo, and a $1,542/mo payment keeps the spread at $230/mo. Purchase price stands at $315,000, and rental yield measures 8.29% with $2,176/mo rent. Return on cash invested shows 22.55% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 116.99% and total cumulative return in cash records $122,165. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,176/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Townhouse
Built in 2019
1,306 sqft lot
$N/A/sqft
$100 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: TIMOTHY R LYLE • HOLIDAY RESORT REALTY
Mls Name: WCBR
Mls ID: #24-253158
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.