10227 Red Bird Canyon RdNewcastleWY82701
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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 Newcastle at 10227 Red Bird Canyon Rd, Newcastle, WY, 82701 offers a 4.4% rental yield on a $625,200 purchase with $2,293/mo rent. 7% in year one. Equity gained on principal adds $4,034/yr while 5% annual appreciation supports $172,731 over five years. Portfolio math shows five-year ROI at 63.49% and total cumulative return in cash at $130,587. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,293/mo property income against a $3,060/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82701, Newcastle, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,569 (100%) |
| Owner Occupied HU | 1,637 (63.7%) |
| Renter Occupied HU | 481 (18.7%) |
| Vacant Housing Units | 451 (17.6%) |
| Median Home Value | $248,875 |
| Average Home Value | $303,603 |
Housing Distribution
Address Breakdown
Residential
2,167
Single Family
2,144
Multi-Family
23
Businesses
291
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