120 E 29th AveTorringtonWY82240
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Torrington at 120 E 29th Ave, Torrington, WY, 82240 uses $39,780 cash to close to unlock $6,096/yr annual cash flow and $508/mo monthly cash flow. Total monthly income runs $1,190/mo, and a $587/mo payment keeps the spread at $508/mo. Purchase price stands at $120,000, and rental yield measures 11.9% with $1,190/mo rent. Return on cash invested shows 35.23% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 184.36% and total cumulative return in cash records $73,339. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,190/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1955
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82240, Torrington, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,514 (100%) |
| Owner Occupied HU | 2,786 (61.7%) |
| Renter Occupied HU | 1,147 (25.4%) |
| Vacant Housing Units | 581 (12.9%) |
| Median Home Value | $258,065 |
| Average Home Value | $291,246 |
Housing Distribution
Address Breakdown
Residential
4,072
Single Family
3,936
Multi-Family
136
Businesses
517
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Irene Reese • 307 Realty Professionals
Mls Name: WYOMLS
Mls Provider:
Mls ID: #20250809
Disclaimer: Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The data relating to real estate on this web site comes in part from the Wyoming MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than the listing office named are marked with the Wyoming MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.