4889 N Springfield Cir #15Cedar CityUT84721
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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
Investment Highlights
Rental property for sale in Cedar City at 4889 N Springfield Cir #15, Cedar City, UT, 84721 generates $2,927/mo in rent and, after a $2,344/mo payment, leaves $120/mo in cash flow. Total monthly income is $2,927/mo, and annual cash flow is $1,440/yr on $158,789 invested. Return on cash invested sits at 20.82% in year one, and rental yield is 7.33% on a $479,000 entry. Equity gained on principal adds $3,091/yr, while 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 107.25% and total cumulative return in cash sums $170,307. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,927/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
0.37 Acres lot
$N/A/sqft
No 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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Listed by: Sam C. Dodd • eXp Realty So Utah
Mls Name: eXp Realty
Mls ID: #108220