1242 S Elm StCasperWY82601
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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
Rental property for sale in Casper at 1242 S Elm St, Casper, WY, 82601 generates $1,529/mo in rent and, after a $929/mo payment, leaves $450/mo in cash flow. Total monthly income is $1,529/mo, and annual cash flow is $5,396/yr on $62,952 invested. Return on cash invested sits at 28.48% in year one, and rental yield is 9.66% on a $189,900 entry. Equity gained on principal adds $1,225/yr, while 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 148.18% and total cumulative return in cash sums $93,281. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,529/mo property income rather than buyer’s personal income.
Single Family
Built in 1919
3,149 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82601, Casper, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,172 (100%) |
| Owner Occupied HU | 7,011 (53.2%) |
| Renter Occupied HU | 4,348 (33.0%) |
| Vacant Housing Units | 1,813 (13.8%) |
| Median Home Value | $296,134 |
| Average Home Value | $347,945 |
Housing Distribution
Address Breakdown
Residential
11,872
Single Family
11,044
Multi-Family
828
Businesses
1,650
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