180 Morrissey RdNewcastleWY82701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $2,645/mo, and a $2,851/mo payment. Purchase price stands at $582,400, and rental yield measures 5.45% with $2,645/mo rent. Return on cash invested shows 15.88% in year one, and 5% annual appreciation builds toward $160,906 over five years. Five-year ROI reaches 80.55% and total cumulative return in cash records $154,338. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,645/mo property income covering a $2,851/mo payment rather than investor’s personal income.
Single Family
Built in 2008
29.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82701, Newcastle, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,569 (100%) |
| Owner Occupied HU | 1,637 (63.7%) |
| Renter Occupied HU | 481 (18.7%) |
| Vacant Housing Units | 451 (17.6%) |
| Median Home Value | $248,875 |
| Average Home Value | $303,603 |
Housing Distribution
Address Breakdown
Residential
2,167
Single Family
2,144
Multi-Family
23
Businesses
291
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices