474 W 1425 N #B3Cedar 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
Investment property for sale in Cedar City at 474 W 1425 N #B3, Cedar City, UT, 84721 earns $3/mo cash flow from $1,753/mo rent with a $1,399/mo payment. Total monthly income totals $1,753/mo, and annual cash flow totals $31/yr on $94,776 capital. ROI tracks 19.94% on current figures, and rental yield reads 7.36% at a $285,900 purchase. Equity gained on principal adds $1,845/yr, and 5% annual appreciation supports $78,989 over five years. Five-year ROI reaches 102.95% and total cumulative return in cash sums $97,573. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,753/mo property income instead of your personal income.
Condo
Built in 2018
1,306 sqft lot
$N/A/sqft
$75 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: Christal Swan • Stratum Real Estate Group PLLC South Branch Office
Mls Name: ICBOR
Mls ID: #110726
Disclaimer: Copyright Iron County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.