Fort Priority Date #1951Cedar CityUT84721
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
Rental property for sale in Cedar City at Fort Priority Date #1951, Cedar City, UT, 84721 priced at $768,000 converts $1,770/mo rent into after a $3,759/mo obligation. Total monthly income equals $1,770/mo. Return on cash invested prints 7.09% in year one, and rental yield reads 2.77% against a $768,000 entry. Equity gained on principal adds $4,956/yr, while 5% annual appreciation compiles into $212,184 by year five. Five-year ROI reaches 33.62% and total cumulative return in cash sums $84,953. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,770/mo property income covering a $3,759/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Coby Zobell • ERA Realty Center
Mls Name: ICBOR
Mls ID: #110810
Disclaimer: Copyright Iron County Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.