875 S Lincoln Ave #2, Cedar City, UT, 84720 | 6.85% Rental Yield

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Price: $300K - 500K

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875 S Lincoln Ave #2, Cedar City, UT, 84720 | 6.85% 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 875 S Lincoln Ave #2, Cedar City, UT, 84720 generates $1,999/mo in rent, after a $1,713/mo payment. Total monthly income is $1,999/mo. Return on cash invested sits at 19.37% in year one, and rental yield is 6.85% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 99.51% and total cumulative return in cash sums $115,454. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,999/mo property income rather than buyer’s personal income.

Townhouse

Built in 2020

1,306 sqft lot

$N/A/sqft

No HOA

More details about the property

Check out this Black Stone Townhome which offers state of the art finishes and smart technology. Including, Nest and Nest Smart locks on front & back doors. Also including a security system, doorbell cameras, high speed internet and LED lighting. Superior construction with the latest in modern design and build. Amazing location with views, access to shopping, dining & recreational activities, including the Aquatic Center, the City Trail system, baseball/softball complex, schools and the Lake on the Hill, just to mention a few. Currently being used as a profitable turn key Airbnb. Through using the seller's preferred lender, the buyer could receive up to $4,000 toward buyer closing costs! Furniture and personal property within the home are negotiable. Don't delay, come see today!