120 Rapid Canyon RdEvanstonWY82930
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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 Evanston at 120 Rapid Canyon Rd, Evanston, WY, 82930 offers a 7.84% rental yield on a $355,000 purchase with $2,320/mo rent. Total monthly income registers $2,320/mo, and a $1,738/mo payment leaves $301/mo available for distribution. Annual cash flow reaches $3,612/yr on $117,683 to close, and return on cash invested stands at 22.98% in year one. Equity gained on principal adds $2,291/yr while 5% annual appreciation supports $98,080 over five years. Portfolio math shows five-year ROI at 118.62% and total cumulative return in cash at $139,596. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,320/mo property income against a $1,738/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
1.10 Acres 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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