602 S Cedar Creek Dr #98, Cedar City, UT, 84720 | 4.66% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

602 S Cedar Creek Dr #98, Cedar City, UT, 84720 | 4.66% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1182 sft

5061 W 1525 S, Cedar City, UT, 84720

3 Bed
3 Bath
2700 sft

12982 W 3000 S, Cedar City, UT, 84720

3 Bed
2 Bath
3731 sft

Monroe Plan, Old Sorrel Ranch, Cedar City, UT, 84720

3 Bed
3 Bath
2719 sft

17898 W Granite Ln, Cedar City, UT, 84720

Nearby investment properties with comparable prices

3 Bed
3 Bath
2199 sft

3371 S 5300 W, Cedar City, UT, 84720

3 Bed
2 Bath
1875 sft

831 S 4425 W, Cedar City, UT, 84720

3 Bed
2 Bath
3277 sft

561 S Foundation Trl #112, Cedar City, UT, 84720

3 Bed
3 Bath
2474 sft

4017 E 80 S, New Harmony, UT, 84757

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Cedar City at 602 S Cedar Creek Dr #98, Cedar City, UT, 84720 generates $1,860/mo in rent, after a $2,344/mo payment. Total monthly income is $1,860/mo. Return on cash invested sits at 12.75% in year one, and rental yield is 4.66% on a $478,890 entry. Equity gained on principal adds $3,090/yr, while 5% annual appreciation builds toward $132,308 over five years. Five-year ROI reaches 64.04% and total cumulative return in cash sums $101,668. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,860/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

**NOW OFFERING A $9,000 PREFERRED LENDER INCENTIVE!!** Welcome to the desirable community of Old Sorrel Ranch! This beautiful Monroe plan has 3 Bedrooms, 2 Bath, and the Primary is on the main level! Ask about our generous home warranties, active radon mitigation system, & smart home package! Actual home may differ in color, material, and/or options. Pictures are of a finished home of a similar floor plan and the available home may contain different options, exterior color and/or elevation style. Square footage figures are provided as a courtesy estimate only & were obtained from building plans. No representation or warranties are made regarding school districts & assignments; please conduct your own investigation regarding current/future school boundaries. Taxes TBD. January 2026 Estimated Completion.