708 E Red Cedar CirCedar 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
Investment property for sale in Cedar City at 708 E Red Cedar Cir, Cedar City, UT, 84721 offers a 6.81% rental yield on a $464,000 purchase with $2,633/mo rent. 23% in year one. Equity gained on principal adds $2,994/yr while 5% annual appreciation supports $128,195 over five years. Portfolio math shows five-year ROI at 98.8% and total cumulative return in cash at $151,965. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,633/mo property income against a $2,271/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.25 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: Chad R. Westwood • Stratum Real Estate Group PLLC South Branch Office
Mls Name: ICBOR
Mls ID: #107436
Disclaimer: Copyright Iron County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.