721 S Canyon DrCedar CityUT84720
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 721 S Canyon Dr, Cedar City, UT, 84720 offers a 3.43% rental yield on a $850,000 purchase with $2,430/mo rent. 81% in year one. Equity gained on principal adds $5,485/yr while 5% annual appreciation supports $234,839 over five years. Portfolio math shows five-year ROI at 42.97% and total cumulative return in cash at $120,166. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,430/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
0.51 Acres lot
$N/A/sqft
$70 monthly HOA
More details about the property
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $850,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Facts & Features
General Information
- Type: SingleFamily
- Year Built: 2019
- Architectural Style: Rambler/Ranch
- Building Area: 2,443
- Living Area: 2,443 sqft
- Property Condition: Blt./Standing
Features & Amenities
- Heating: Forced Air
- Cooling: Central Air
- Flooring: Carpet, Hardwood, Tile
- Interior Features: Walk-In Closet(s), Granite Counters
- Exterior Features: N/A
- Parking Features: Garage - Attached
Location
- City: Cedar City
- State: UT
- Subdivision: N/A
- Lot Size: 0.51 Acres
- Lot Features: Secluded, Private
- View: Mountain(s), Valley
HOA & Fees
- HOA Fee: $70 monthly
- Association Fee: $70 monthly
- Fees & Dues: N/A
- Association Amenities: Picnic Area, Snow Removal
- Association Fee Includes: N/A
Utilities
- Utilities: Natural Gas Connected, Electricity Connected, Sewer Connected, Water Connected
- Sewer: Public Sewer, Sewer: Public
- Water Source: Culinary
- Road Surface Type: Paved
School Information
- Elementary School: Fiddler's Canyon
- Middle School: Canyon View Middle
- High School: Canyon View
Listed by: Joshua Ellis • KW South Valley Keller Williams
Mls Name: UtahRealEstate.com
Mls Provider:
Mls ID: #2078660
Disclaimer: Based on information from the Wasatch Front Regional Multiple Listing Service, Inc. as of 2025-04-22 11:48:29 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or the MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#319)