1603 Violet LnGilletteWY82716
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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 1603 Violet Ln, Gillette, WY, 82716 earns $412/mo cash flow from $2,060/mo rent with a $1,419/mo payment. Total monthly income totals $2,060/mo, and annual cash flow totals $4,938/yr on $96,102 capital. ROI tracks 25.05% on current figures, and rental yield reads 8.53% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 129.76% and total cumulative return in cash sums $124,701. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,060/mo property income instead of your personal income.
Manufactured
Built in 2005
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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