364 N 1500 W, Cedar City, UT, 84721 | 6.8% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,984/mo, and a $1,713/mo payment. Purchase price stands at $350,000, and rental yield measures 6.8% with $1,984/mo rent. Return on cash invested shows 19.21% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 98.68% and total cumulative return in cash records $114,494. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,984/mo property income covering a $1,713/mo payment rather than investor’s personal income.

Single Family

Built in 1972

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

Opportunity for a first time home buyer or investor. Home has been taken been well maintained. Nice yard front and back with sprinklers. Large 2 car garage that is deep enough for a 3rd car. The garage features a room that can be accessed from the garage or side of the house, perfect for a shop. There is a shed in the back yard. The basement area can be turned into a 4th room if desired. The roof has recently been replaced. The home has a right for irrigation water.

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