1009 Continental StRock SpringsWY82901
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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
Investment property for sale in Rock Springs at 1009 Continental St, Rock Springs, WY, 82901 uses $99,417 cash to close to unlock $6,775/yr annual cash flow and $565/mo monthly cash flow. Total monthly income runs $2,270/mo, and a $1,468/mo payment keeps the spread at $565/mo. Purchase price stands at $299,900, and rental yield measures 9.08% with $2,270/mo rent. Return on cash invested shows 26.72% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 138.74% and total cumulative return in cash records $137,932. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,270/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1975
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82901, Rock Springs, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,762 (100%) |
| Owner Occupied HU | 7,482 (58.6%) |
| Renter Occupied HU | 3,478 (27.3%) |
| Vacant Housing Units | 1,802 (14.1%) |
| Median Home Value | $277,530 |
| Average Home Value | $357,272 |
Housing Distribution
Address Breakdown
Residential
11,308
Single Family
11,186
Multi-Family
122
Businesses
877
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Listed by: Kristy Kauppi • HomeSmart Realty Group
Mls Name: WYOMLS
Mls ID: #20256447