109 E Redwood StGilletteWY82718
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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 Gillette at 109 E Redwood St, Gillette, WY, 82718 uses $94,444 cash to close to unlock $6,425/yr annual cash flow and $535/mo monthly cash flow. Total monthly income runs $2,155/mo, and a $1,394/mo payment keeps the spread at $535/mo. Purchase price stands at $284,900, and rental yield measures 9.08% with $2,155/mo rent. Return on cash invested shows 26.71% in year one, and 5% annual appreciation builds toward $78,713 over five years. Five-year ROI reaches 138.67% and total cumulative return in cash records $130,967. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,155/mo property income covering a $1,394/mo payment rather than investor’s personal income.
Single Family
Built in 1978
8,115 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82718, Gillette, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,305 (100%) |
| Owner Occupied HU | 7,077 (68.7%) |
| Renter Occupied HU | 2,483 (24.1%) |
| Vacant Housing Units | 745 ( 7.2%) |
| Median Home Value | $330,776 |
| Average Home Value | $365,577 |
Housing Distribution
Address Breakdown
Residential
9,960
Single Family
8,981
Multi-Family
979
Businesses
648
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