1293 1020, Cedar City, UT 84721
5BD/—BA Residential in Cedar City, UT 84721. 2,544 sqft. Built 1983. Listed at $425,000. MLS #2130036.
5BD/—BA Residential in Cedar City, UT 84721. 2,544 sqft. Built 1983. Listed at $425,000. MLS #2130036.
TURNKEY INVESTMENT ON A CUL-DE-SAC | $2,450/MO INCOME DAY 1. Stop searching for a project and start collecting a check. This fully stabilized 5-bedroom asset in a prime Cedar City location is the portfolio addition you've been waiting for. Unlike vacant listings where you pay the holding costs, this property comes with active, responsible tenants already in place, generating $2,450 per month immediately. THE ASSET: Tucked away in a private cul-de-sac (low traffic, high appeal), this home features a spacious layout with a massive deck and large yard-premium amenities that keep vacancy near zero. The "5th Bedroom" Bonus Room offers incredible flexibility for storage or tenant common space, maximizing the appeal for your renters. THE MATH: Priced to win. While other homes sit vacant, this machine is already working. With a proven rental history and a location tenants love, this is a "Plug & Play" investment. THE DETAILS: Strict adherence to Cedar City zoning (4-tenant max) ensures a compliant, low-risk operation. Leases are staggered for stability. Showings by appointment only to qualified buyers. Do not disturb tenants. Call today to review the rent roll and secure your cash flow.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
SOUTH WEST KNOLLS SUBDIVISION
County
Iron
Zoning
Single-Family
Construction
Brick
Lot Size
0.38 sq ft
Above Grade Area
1,272 sq ft
Condition
Blt./Standing
MLS #
2130036
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Rambler/Ranch
Stories
2
Subdivision
SOUTH WEST KNOLLS SUBDIVISION
County
Iron
Zoning
Single-Family
Construction
Brick
Lot Size
0.38 sq ft
Above Grade Area
1,272 sq ft
Condition
Blt./Standing
MLS #
2130036
List Price
$425,000
Original Price
$424,995
Annual Taxes
$1,793
Home Warranty
Yes
List Price
$425,000
Original Price
$424,995
Annual Taxes
$1,793
Home Warranty
Yes
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Laminate,Tile
Basement
Full
Materials
Brick
Appliances
Ceiling Fan,Microwave,Refrigerator
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Secondary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Heating
Forced Air,Gas: Central
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet,Hardwood,Laminate,Tile
Basement
Full
Materials
Brick
Appliances
Ceiling Fan,Microwave,Refrigerator
Laundry
Electric Dryer Hookup,Gas Dryer Hookup
Patio & Porch
Patio: Open
Water Source
Culinary,Secondary
Sewer
Sewer: Connected,Sewer: Public
View
Mountain(s),Valley
Garage Spaces
2
Covered Spaces
2
Total Parking
7
Garage Spaces
2
Covered Spaces
2
Total Parking
7
Why this is a deal
Classification
Strong Cash FlowDeal Score
85/100
vs Similar Homes
2% below
vs Market Median
2% below
Area Growth (YoY)
8.2%
Deal Score Breakdown
85/100 · 2 qualifying signals
8.2% year-over-year ZHVI growth in this area
LT net cashflow +$253/mo (+8.8% return on ownership cost) · STR net cashflow -$387/mo (-13.5% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
Priced 2% below the median of similar listings
Priced 2% below the per-subtype city median
No price reduction from original list
Ensemble scoring: the best single signal sets the floor, secondary qualifying signals (≥60) each add 5 points up to +20. A home that strongly wins on one dimension is already a great deal — it doesn't need to tick every box.
Why this classification
Monthly Rent
$3,548/mo
Range: $2,862 – $4,234
Net Monthly Cash Flow
+$252 /mo (+$3,029/yr)
Monthly rental income
Monthly ownership cost
Coverage
124%
Net /mo
+$253
DSCR
1.45
Est. Annual Revenue
$42,560/yr
$173/night · 57% occupancy · $58/bedroom · $0.13/sqft
Net Monthly Cash Flow
−$387 /mo (−$4,643/yr)
Monthly STR income
Monthly ownership cost
Coverage
124%
Net /mo
−$387
DSCR
1.15
Best Download
2 Gbps
Best Upload
2 Gbps
Fiber Available
Yes
Providers
9
Available Providers
$440,000
-3% vs median
78 days
174
$223,000 – $5,750,000
$1,793
Low Crime
9.4
per 1,000
18.3
per 1,000
7.4
per 1,000
35.1
per 1,000
National rates use FBI UCR Index Crimes. Local rates use NIBRS which may include additional offense categories.
Select agents you’d like to hear from. They’ll be notified of your interest — your contact details stay private until you choose to respond.

Devin Tanner - Utah Realtor
Your inquiry goes to the listing agent.
Fast Response
Typically within 2 hours during business hours
Built with AI to help you find your perfect home
Powered by AI • Secured by Supabase • Trusted by Agents