552 S Cove Dr, Cedar City, UT, 84720 | 6.44% Rental Yield

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552 S Cove Dr, Cedar City, UT, 84720 | 6.44% Rental Yield | Ziffy

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

Rental property for sale in Cedar City at 552 S Cove Dr, Cedar City, UT, 84720 generates $2,869/mo in rent, after a $2,619/mo payment. Total monthly income is $2,869/mo. Return on cash invested sits at 18.24% in year one, and rental yield is 6.44% on a $535,000 entry. Equity gained on principal adds $3,452/yr, while 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 93.41% and total cumulative return in cash sums $164,416. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,869/mo property income rather than buyer’s personal income.

Single Family

Built in 2004

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled on a picturesque corner lot, this 2,600 sq.ft. 3 bed and 3 bath home offers a blend of charm and functionality. As you step inside, you'll find a living area filled with natural light and beautiful ceilings, leading to a welcoming kitchen and dining area with access to a cozy back patioideal for morning coffee or evening chats. The master suite features a versatile space that can serve as a creative sanctuary or quiet retreat, complete with a walk-in closet and full bathroom. The master bedroom boasts another full bathroom and patio access, inviting a gentle breeze. Behind the kitchen, two additional bedrooms share a third full bathroom, each offering a blank slate for personal touches. Upstairs, an expansive flex room awaits, ready to become a family room, game room, or whatever you envision with an adjoining deck offering broad views. With two water heaters, two furnaces, and dual A/C units, comfort is assured throughout the home. Conveniently located in central Cedar, close to shopping, views, and schools, this residence is ready to be lived in.