1508 Boysencreek DrGilletteWY82716
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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 Gillette at 1508 Boysencreek Dr, Gillette, WY, 82716 generates $2,148/mo in rent and, after a $1,234/mo payment, leaves $714/mo in cash flow. Total monthly income is $2,148/mo, and annual cash flow is $8,573/yr on $83,571 invested. Return on cash invested sits at 30.17% in year one, and rental yield is 10.22% on a $252,100 entry. Equity gained on principal adds $1,627/yr, while 5% annual appreciation builds toward $69,651 over five years. Five-year ROI reaches 157.23% and total cumulative return in cash sums $131,397. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,148/mo property income rather than buyer’s personal income.
Manufactured
Built in 2024
10,454 sqft 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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Listed by: Chad Wernsmann • BHHS - Preferred Real Estate Group
Mls Name: Northeast Wyoming Realtors Association
Mls Provider:
Mls ID: #24-99
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.