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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Cedar City at 2962 W Lewis Loop, Cedar City, UT, 84720 priced at $334,990 converts $1,249/mo rent into after a $1,640/mo obligation. Total monthly income equals $1,249/mo. Return on cash invested prints 11.4% in year one, and rental yield reads 4.47% against a $334,990 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,552 by year five. Five-year ROI reaches 57.08% and total cumulative return in cash sums $63,389. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,249/mo property income covering a $1,640/mo payment, not borrower’s personal income.
Townhouse
Built in 2024
1,306 sqft lot
$N/A/sqft
$73 monthly HOA
Date | Event | Price |
|---|---|---|
| 2024-10-09 | Price change | $334,990 |
| 2024-10-02 | Price change | $339,990 |
| 2024-09-27 | Listed for sale | $347,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sandy Smith • D.R. Horton, Inc
Mls Name: ICBOR
Mls ID: #108578
Disclaimer: Copyright Iron County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
