617 S Cove Dr UNIT 6Cedar CityUT84720
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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 617 S Cove Dr UNIT 6, Cedar City, UT, 84720 priced at $1,399,900 pairs $1,841/mo rent with after a $6,852/mo payment. Total monthly income equals $1,841/mo. Return on cash invested is 3.19% in year one, and rental yield stands at 1.58% on a $1,399,900 basis. Equity gained on principal adds $9,033/yr, and 5% annual appreciation accumulates to $386,767 by year five. Five-year ROI measures 12.76% and total cumulative return in cash reaches $57,876. For financing, Ziffy Mortgage’s DSCR program evaluates $1,841/mo property income against a $6,852/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2023
0.95 Acres lot
$N/A/sqft
$130 monthly HOA
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Listed by: David E Araque • RED ROCK REAL ESTATE
Mls Name: WCBR
Mls ID: #25-259685
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.