357 Joe Thurston Way Unit 10Cedar CityUT84720
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play357 Joe Thurston Way Unit 10, Cedar City, UT, 84720 in Cedar City is priced for appreciation, not yield. Rental yield 3.8%. At $394,900 with a 3.8% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $109,104 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.70) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $80,631.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.8% | 5.8% |
| Monthly Cash Flow | $(1,180) | $1,250 |
City averages based on Cedar City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,249 |
| Total Monthly Debt Service | $2,157 |
| DSCR Ratio | 0.58x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2026
871.20 sqft lot
$N/A/sqft
No HOA
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
Townhouse
Built in 2026
871.20 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elisa Murillo-Lacagnina • Century 21 1st Choice Realty
Mls Name: ICBOR
Mls ID: #114603