1653 E Millstone CirCedar CityUT84721
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 1653 E Millstone Cir, Cedar City, UT, 84721 in Cedar City at $529,000, 4.9% gross yield, is a market-growth asset. Rental yield 4.9%. The $2,160/mo rent partially funds the $2,379/mo debt service; the core return is the 5%/yr price growth projected to add $146,153 over five years. Ziffy Mortgage's DSCR mortgage (0.91) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $139,318.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.9% | 5.8% |
| Monthly Cash Flow | $(941) | $1,250 |
City averages based on Cedar City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,160 |
| Total Monthly Debt Service | $2,890 |
| DSCR Ratio | 0.75x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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.
Single Family
Built in 2002
0.43 Acres 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
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
Single Family
Built in 2002
0.43 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tayler D Christensen • ERA Realty Center
Mls Name: WCBR
Mls ID: #26-267804