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This page contains aggregated information about each property, and is not intended to serve as an appraisal. Projections for accumulated wealth, cash flow and equity are based on predictive models used to analyze big data on more than 110 million homes. Learn more about INVESTimate

5295 N 2300 W Cedar City, UT 84721

0 Beds 3 Baths 1,394 sqft Built 1977
Last updated:  Jun 30, 2018

INVESTimate

$263,795

$239K - $288K

Price Est.

$1,143

$1.0K - $1.3K

Rent Est.

$281,680  ( +6.78%)   1 YR EST. FORECAST
  
  
  

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5295 N 2300 W PROPERTY INFO

FACTS
  • Built In 1977
  • Price/Sqft : $189.24
CONSTRUCTION
  • Beds : 0
  • Floor Size : 1,394 sqft
  • Baths : 2 Full 1 Half

5295 N 2300 W SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
THREE PEAKS ELEMENTARY SCHOOL Primary Regular 503 24 9
CEDAR CITY MIDDLE SCHOOL Middle Regular 953 41 7
CEDAR CITY HIGH SCHOOL High Regular 1,068 50 7

THREE PEAKS ELEMENTARY SCHOOL

  • Education Level: Primary
  • # of students: 503
  • # of teachers: 24
9
GreatSchools Rating

CEDAR CITY MIDDLE SCHOOL

  • Education Level: Middle
  • # of students: 953
  • # of teachers: 41
7
GreatSchools Rating

CEDAR CITY HIGH SCHOOL

  • Education Level: High
  • # of students: 1,068
  • # of teachers: 50
7
GreatSchools Rating
 

Financial Details

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Neighborhood

CEDAR CITY

  • 21,642

    POPULATION
  • 6,527

    HOUSEHOLDS
  • 56.5%

    WHITE COLLAR

Neighborhood : CEDAR CITY

HOUSEHOLDS
6,527
POPULATION

21,642

34.9%Renters
65.1%Home Owners
LABOR FORCE

 

56.5%White Collar
43.5%Blue Collar
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $940 per month.

MY RENT : $940 MEDIAN RENT : $833

Rent % Distribution LEVEL
$500-699 1.8%
$700-899 56.1%
$900-999 17.8%
$1,000-1,499 24.3%
>=$1,500 0.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $940 would therefore be considered affordable for annual household incomes greater than $37,600 (12 months x 3.333 x $940).

Rent % Affordability
Above $500 79.4%
Above $700 71.0%
Above $1,100 51.6%
Above $1,500 37.1%
Above $1,900 25.6%
HOUSEHOLD INCOME RANGE

Approximately 3,087 of households in this neighborhood have a total annual income of $37,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $940 per month.

MINIMUM INCOME RANGE : $37,600

Income % Distribution
<$20K 20.6%
$20K-$35K 15.1%
$35K-$60K 27.2%
$60K-$100K 23.1%
>=$100K 14.0%
COMMUTE TIME DISTRIBUTION

33% of the working population has a commute time of 15 to 44 minutes, 52% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.2%
5-9 mins 19.1%
10-14 mins 27.2%
15-19 mins 18.6%
20-29 mins 8.9%
30-44 mins 5.6%
45-59 mins 5.0%
>60 mins 9.5%
DISTRIBUTION OF RENTS IN NEIGHBORHOOD

Approximately 35% of rental properties in this neighborhood have a monthly rental rate greater than or equal to the target rent for this property of $940 per month.

MY RENT : $940 MEDIAN RENT : $833

Rent % Distribution
$500-699 1.8%
$700-899 56.1%
$900-999 17.8%
$1,000-1,499 24.3%
>=$1,500 0.0%
Household Rent Affordability

According to U.S. Department of Housing and Urban Development, families that use more than 30% of their income to pay for housing are considered cost burdened. A target rent of $940 would therefore be considered affordable for annual household incomes greater than $37,600 (12 months x 3.333 x $940).

Rent % Affordability
Above $500 79.4%
Above $700 71.0%
Above $1,100 51.6%
Above $1,500 37.1%
Above $1,900 25.6%
HOUSEHOLD INCOME RANGE

Approximately 3,087 of households in this neighborhood have a total annual income of $37,600 or more. This is the minimum amount of income necessary to comfortably afford the target rental rate for this property of $940 per month.

MINIMUM INCOME RANGE : $37,600

Income % Distribution
<$20K 20.6%
$20K-$35K 15.1%
$35K-$60K 27.2%
$60K-$100K 23.1%
>=$100K 14.0%
COMMUTE TIME DISTRIBUTION

33% of the working population has a commute time of 15 to 44 minutes, 52% has a commute time of 14 minutes or less and 14% has a commute time of 45 minutes or longer.

Time (mins) % Distribution
<5 mins 6.2%
5-9 mins 19.1%
10-14 mins 27.2%
15-19 mins 18.6%
20-29 mins 8.9%
30-44 mins 5.6%
45-59 mins 5.0%
>60 mins 9.5%

CEDAR CITY Demographics

INDUSTRY

Industry % Distribution
Arts & Entertainment 12.8%
Educational Services 10.4%
Health Care & Social Assistance 11.8%
Manufacturing 10.0%
Retail & Wholesale Trader 13.6%
Transportation 7.2%
Other 34.1%
AGE DISTRIBUTION

45% of the population is between the ages of 25 and 64, 45% is 24 or younger and 9% is 65 or older.

Age % Distribution
<15 28.7%
15-19 8.5%
20-24 8.3%
25-44 26.5%
45-65 18.9%
66+ 9.2%
OCCUPATION

Occupation % Distribution
Construction 5.8%
Healthcare 8.1%
Management, Business, & Financial 16.4%
Natural Resources Maintenance 10.3%
Production & Transportation 18.7%
Sales & Office 24.9%
Other 15.8%
HIGHEST EDUCATION LEVEL

14% of adults 25 and older have an education level of a bachelor's degree or higher.

Education Level % Distribution
Associates Degree 7.5%
High School 26.4%
Masters Degree 5.2%
Some College 32.2%
Some High School 10.3%
Other 18.4%

5295 N 2300 W Comps

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5295 N 2300 W, Cedar City, UT 84721 is a single family home of 1,394 sqft. HomeUnion INVESTimateĀ® for 5295 N 2300 W includes a Price Estimate of $263,795 and a Rent Estimate of $1,143. This single family home has 0 bedrooms,3 bathrooms, and was built in 1977. This property has an estimated 15 year annualized Yield of 5.20% and Total Return of 20.41%. The estimated 1 year forecast in home value for 5295 N 2300 W is 6.78%.

Looking for real estate investment properties in this area? You can browse additional properties and view investment data in UT , IRON County , or the 84721 Zipcode. Nearby Zipcodes include Zipcode1 and Zipcode2