173 E Fiddlers Canyon Rd UNIT 29,Cedar City,UT,84720

Investment Highlights

Investment property for sale in Cedar City at 173 E Fiddlers Canyon Rd UNIT 29, Cedar City, UT, 84720 listed at $299,900 pairs $2,002/mo rent with a $1,468/mo payment to leave $244/mo cash flow. Total monthly income runs $2,002/mo, and annual cash flow reaches $2,929/yr on $99,417 cash to close. Return on cash invested measures 22.86% in year one, and rental yield registers 8.01% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 118.26% and total cumulative return in cash totals $117,568. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,002/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).