3076 N 275 ECedar 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
Rental property for sale in Cedar City at 3076 N 275 E, Cedar City, UT, 84721 generates $1,910/mo in rent and, after a $1,468/mo payment, leaves $32/mo in cash flow. Total monthly income is $1,910/mo, and annual cash flow is $384/yr on $99,450 invested. Return on cash invested sits at 20.3% in year one, and rental yield is 7.64% on a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 105% and total cumulative return in cash sums $104,424. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,910/mo property income rather than buyer’s personal income.
Condo
Built in 2020
1,306 sqft lot
$N/A/sqft
$120 monthly 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
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Nearby investment properties with comparable prices
Listed by: Jill Hafen Peterson • Berkshire Hathaway Home Services Utah Properties (St George)
Mls Name: ICBOR
Mls ID: #111930
Disclaimer: Copyright Iron County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.