1504 Denver AveGilletteWY82716
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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 1504 Denver Ave, Gillette, WY, 82716 uses $59,670 cash to close to unlock $19,365/yr annual cash flow and $1,614/mo monthly cash flow. Total monthly income runs $2,662/mo, and a $881/mo payment keeps the spread at $1,614/mo. Purchase price stands at $180,000, and rental yield measures 17.75% with $2,662/mo rent. Return on cash invested shows 52.36% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 276.41% and total cumulative return in cash records $164,933. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,662/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82716, Gillette, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,952 (100%) |
| Owner Occupied HU | 4,622 (58.1%) |
| Renter Occupied HU | 2,355 (29.6%) |
| Vacant Housing Units | 975 (12.3%) |
| Median Home Value | $258,847 |
| Average Home Value | $297,468 |
Housing Distribution
Address Breakdown
Residential
7,417
Single Family
6,796
Multi-Family
621
Businesses
701
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