519 MAY, Cedar City, UT 84721
3BD/—BA Residential in Cedar City, UT 84721. 1,399 sqft. Built 2023. Listed at $279,900. MLS #2155599.
3BD/—BA Residential in Cedar City, UT 84721. 1,399 sqft. Built 2023. Listed at $279,900. MLS #2155599.
Welcome to this beautifully built 2023 town home offering 1,399 sq ft of thoughtfully designed living space with 3 bedrooms and 2 bathrooms. Built just a few years ago, you get all the benefits of newer construction -- modern finishes, current building standards, and years of worry-free living ahead -- in an established Cedar City neighborhood. The home's attractive street-facing curb appeal greets you with a welcoming facade and ample parking out front, complemented by a 2 car garage for secure parking and additional storage. Inside, the open and efficient layout makes every square foot count. The three bedrooms offer comfortable retreats, while two full bathrooms keep mornings running smoothly. Step outside and take in stunning mountain views that paint a stunning backdrop to everyday life in Southern Utah. Located just minutes from Southern Utah University, the Utah Shakespeare Festival, Brian Head ski resort, Zion and Bryce Canyon national parks, and all the shopping and dining Cedar City has to offer. This is the perfect opportunity to own a nearly new home in one of Utah's most beloved communities -- schedule your showing today!
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
2
Subdivision
OLD SORREL RANCH
County
Iron
Zoning
Single-Family
Construction
Concrete,Frame
Lot Size
0.02 sq ft
Above Grade Area
1,399 sq ft
Condition
Blt./Standing
MLS #
2155599
Property Type
Residential
Property Style
Townhouse
Architectural Style
Townhouse; Row-mid
Stories
2
Subdivision
OLD SORREL RANCH
County
Iron
Zoning
Single-Family
Construction
Concrete,Frame
Lot Size
0.02 sq ft
Above Grade Area
1,399 sq ft
Condition
Blt./Standing
MLS #
2155599
List Price
$279,900
Original Price
$287,000
HOA Fees
$150 / Monthly
Annual Taxes
$243
Home Warranty
No
List Price
$279,900
Original Price
$287,000
HOA Fees
$150 / Monthly
Annual Taxes
$243
Home Warranty
No
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Concrete,Frame
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Forced Air
Cooling
Central Air
Roof
Asphalt
Flooring
Carpet
Basement
None
Materials
Concrete,Frame
Water Source
Culinary
Sewer
Sewer: Connected
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Garage Spaces
2
Covered Spaces
2
Total Parking
2
Why this is a deal
Classification
Great Deal (vs Similar)
Deal Score
100/100
vs Similar Homes
22% below
vs Market Median
8% above
Price Reduced
2.5%
Area Growth (YoY)
10.0%
Deal Score Breakdown
100/100 · 2 qualifying signals
Priced 22% below the median of similar listings
10.0% year-over-year ZHVI growth in this area
Priced 8% above the per-subtype city median
2% price reduction from original list — seller may be motivated
LT net cashflow -$564/mo (-29.1% return on ownership cost) · STR net cashflow -$1,452/mo (-74.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$1,562/mo
Range: $1,141 – $1,982
Net Monthly Cash Flow
−$563 /mo (−$6,759/yr)
Monthly rental income
Monthly ownership cost
Coverage
81%
Net /mo
−$564
DSCR
0.99
Est. Annual Revenue
$8,327/yr
$183/night · 44% occupancy · $54/bedroom · $0.09/sqft
Net Monthly Cash Flow
−$1,453 /mo (−$17,440/yr)
Monthly STR income
Monthly ownership cost
Coverage
36%
Net /mo
−$1,452
DSCR
0.35
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
8
Available Providers
$440,000
-36% vs median
88 days
162
$235,000 – $5,750,000
$243
$150/monthly
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.
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