1605 Morning Glory CtGilletteWY82716
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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 1605 Morning Glory Ct, Gillette, WY, 82716 priced at $258,400 pairs $1,759/mo rent with $289/mo cash flow after a $1,265/mo payment. Total monthly income equals $1,759/mo, and annual cash flow comes to $3,473/yr on $85,660 invested. Return on cash invested is 23.96% in year one, and rental yield stands at 8.17% on a $258,400 basis. Equity gained on principal adds $1,667/yr, and 5% annual appreciation accumulates to $71,391 by year five. Five-year ROI measures 123.95% and total cumulative return in cash reaches $106,171. For financing, Ziffy Mortgage’s DSCR program evaluates $1,759/mo property income against a $1,265/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2003
8,468 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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