2570 W Carmel DrCedar CityUT84720
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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
Rental property for sale in Cedar City at 2570 W Carmel Dr, Cedar City, UT, 84720 offers $1,860/mo rent that, after a $3,421/mo payment. Total monthly income is $1,860/mo. Return on cash invested measures 8.33% in year one, and rental yield stands at 3.19% at a $698,900 entry. Equity gained on principal adds $4,510/yr while 5% annual appreciation compounds into $193,093 by year five. Five-year ROI records 40.31% and total cumulative return in cash reaches $92,682. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,860/mo property income versus a $3,421/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.27 Acres lot
$N/A/sqft
$125 annually HOA
More details about the property
Price History
Date | Event | Price |
|---|---|---|
| 2024-11-08 | Listed for sale | $698,900 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
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Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2007
- Architectural Style: Rambler/Ranch
- Building Area: 2,153
- Living Area: 2,153 sqft
- Property Condition: Blt./Standing
Features & Amenities
- Heating: Electric, Forced Air, Central
- Cooling: Central Air, Ceiling Fan(s)
- Flooring: Hardwood, Tile
- Interior Features: Vaulted Ceiling(s), Granite Counters
- Exterior Features: N/A
- Parking Features: Garage - Attached
Location
- City: Cedar City
- State: UT
- Subdivision: Carmel Canyon Subdivision
- Lot Size: 0.27 Acres
- Lot Features: Drip Irrigation: Auto-Full
- View: Mountain(s)
HOA & Fees
- HOA Fee: $125 annually
- Association Fee: $125 annually
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
- Sewer: Public Sewer, Sewer: Public
- Water Source: Culinary
- Road Surface Type: Paved
School Information
- Elementary School: South
- Middle School: Cedar Middle School
- High School: Cedar
Listed by: Carlyn Joy Bedwell • Century 21 Everest (Iron)
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2033367
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-02-18 22:17:37 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/info/mls-disclaimers/#mls_319)