2204 N Bridge Water RdCedar CityUT84721
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
Investment Highlights
Investment property for sale in Cedar City at 2204 N Bridge Water Rd, Cedar City, UT, 84721 offers a 2.36% rental yield on a $1,097,500 purchase with $2,160/mo rent. 95% in year one. Equity gained on principal adds $7,082/yr while 5% annual appreciation supports $303,219 over five years. Portfolio math shows five-year ROI at 27.46% and total cumulative return in cash at $97,659. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,160/mo property income against a $5,372/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.41 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: Eddy Ortiz • Summit Sotheby's International Realty (Auto Mall)
Mls Name: WCBR
Mls ID: #26-268188