101 Independence DrEvanstonWY82930
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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
Rental property for sale in Evanston at 101 Independence Dr, Evanston, WY, 82930 priced at $309,900 converts $2,086/mo rent into $324/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,086/mo, and annual cash flow totals $3,884/yr on $102,732 invested. Return on cash invested prints 23.69% in year one, and rental yield reads 8.08% against a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,620 by year five. Five-year ROI reaches 122.47% and total cumulative return in cash sums $125,820. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,086/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 1975
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82930, Evanston, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,336 (100%) |
| Owner Occupied HU | 3,852 (60.8%) |
| Renter Occupied HU | 1,699 (26.8%) |
| Vacant Housing Units | 785 (12.4%) |
| Median Home Value | $280,402 |
| Average Home Value | $327,905 |
Housing Distribution
Address Breakdown
Residential
5,340
Single Family
5,006
Multi-Family
334
Businesses
510
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