409 300, Cedar City, UT 84720
5BD/—BA Residential in Cedar City, UT 84720. 1,564 sqft. Built 1922. Listed at $419,000. MLS #2159136.
5BD/—BA Residential in Cedar City, UT 84720. 1,564 sqft. Built 1922. Listed at $419,000. MLS #2159136.
Don't miss this income-producing property. This 5-bedroom, 2-bathroom home sits on a 0.2-acre lot with a rental history on both the main and basement levels, the property offers flexible living space and strong income potential in an established Cedar City neighborhood close to Southern Utah University. Built in 1928, the home features 1,563 square feet of living area, a one-car garage, and additional driveway and street parking. Major updates are already done: a new roof in 2023, plus updated plumbing and electrical - adding peace of mind and reduced maintenance for years to come. A solid addition for an investment portfolio or a buyer looking to generate rental income.
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
NA
County
Iron
Zoning
Single-Family
Construction
Asphalt,Brick,Concrete
Lot Size
0.2 sq ft
Above Grade Area
782 sq ft
Condition
Blt./Standing
MLS #
2159136
Property Type
Residential
Property Style
Single Family Residence
Architectural Style
Bungalow/Cottage
Stories
2
Subdivision
NA
County
Iron
Zoning
Single-Family
Construction
Asphalt,Brick,Concrete
Lot Size
0.2 sq ft
Above Grade Area
782 sq ft
Condition
Blt./Standing
MLS #
2159136
List Price
$419,000
Annual Taxes
$1,230
Home Warranty
No
List Price
$419,000
Annual Taxes
$1,230
Home Warranty
No
Heating
Gas: Central
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
Walk-Out Access
Materials
Asphalt,Brick,Concrete
Appliances
Ceiling Fan,Refrigerator
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
Heating
Gas: Central
Roof
Asphalt
Flooring
Carpet,Laminate
Basement
Walk-Out Access
Materials
Asphalt,Brick,Concrete
Appliances
Ceiling Fan,Refrigerator
Patio & Porch
Covered,Porch: Open
Water Source
Culinary
Sewer
Sewer: Connected
Covered Spaces
1
Total Parking
1
Covered Spaces
1
Total Parking
1
Why this is a deal
Classification
Standard
Deal Score
80/100
vs Similar Homes
8% above
vs Market Median
33% above
Area Growth (YoY)
8.2%
Deal Score Breakdown
80/100 · 1 qualifying signal
8.2% year-over-year ZHVI growth in this area
Priced 8% above the median of similar listings
Priced 33% above the per-subtype city median
LT net cashflow -$973/mo (-34.9% return on ownership cost) · STR net cashflow -$1,084/mo (-38.9% return). Uses the better of LT or STR against total monthly ownership cost (P&I, tax, insurance, HOA, maintenance).
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
$2,058/mo
Range: $1,661 – $2,456
Net Monthly Cash Flow
−$973 /mo (−$11,679/yr)
Monthly rental income
Monthly ownership cost
Coverage
74%
Net /mo
−$973
DSCR
0.85
Est. Annual Revenue
$29,155/yr
$113/night · 55% occupancy · $67/bedroom · $0.12/sqft
Net Monthly Cash Flow
−$1,084 /mo (−$13,004/yr)
Monthly STR income
Monthly ownership cost
Coverage
87%
Net /mo
−$1,084
DSCR
0.80
Best Download
1 Gbps
Best Upload
1 Gbps
Fiber Available
Yes
Providers
11
Available Providers
$440,000
-5% vs median
78 days
174
$223,000 – $5,750,000
$1,230
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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Devin Tanner - Utah Realtor
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