2923 W Rock Ridge RdCedar 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
Investment property for sale in Cedar City at 2923 W Rock Ridge Rd, Cedar City, UT, 84720 listed at $1,600,000 pairs $2,430/mo rent with a $7,831/mo payment. Total monthly income runs $2,430/mo. Return on cash invested measures 4.25% in year one, and rental yield registers 1.82% at a $1,600,000 basis. Equity gained on principal adds $10,325/yr, and annual property appreciation at 5% supports $442,051 by year five. Five-year ROI tracks 18.34% and total cumulative return in cash totals $95,055. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,430/mo property income relative to a $7,831/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
0.49 Acres lot
$N/A/sqft
$200 annually HOA
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Nearby investment properties with comparable prices
Listed by: Shelby Smith • Stratum Real Estate Group PLLC South Branch Office
Mls Name: ICBOR
Mls ID: #110583
Disclaimer: Copyright Iron County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.