1012 Palomino 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 1012 Palomino St, Rock Springs, WY, 82901 offers a 7.29% rental yield on a $405,000 purchase with $2,460/mo rent. Total monthly income registers $2,460/mo, and a $1,982/mo payment leaves $157/mo available for distribution. Annual cash flow reaches $1,888/yr on $134,258 to close, and return on cash invested stands at 21.32% in year one. Equity gained on principal adds $2,613/yr while 5% annual appreciation supports $111,894 over five years. Portfolio math shows five-year ROI at 109.73% and total cumulative return in cash at $147,326. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,460/mo property income against a $1,982/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
8,712 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: Lexa Garcia • Southwest Real Estate LLC
Mls Name: WYOMLS
Mls ID: #20256173