2 Young Meadow LnStoryWY82842
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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 Story at 2 Young Meadow Ln, Story, WY, 82842 offers $3,709/mo rent that, after a $5,629/mo payment. Total monthly income is $3,709/mo. Return on cash invested measures 11.25% in year one, and rental yield stands at 3.87% at a $1,150,000 entry. Equity gained on principal adds $7,421/yr while 5% annual appreciation compounds into $317,724 by year five. Five-year ROI records 55.66% and total cumulative return in cash reaches $207,381. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,709/mo property income versus a $5,629/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1936
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82842, Story, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 700 (100%) |
| Owner Occupied HU | 376 (53.7%) |
| Renter Occupied HU | 62 ( 8.9%) |
| Vacant Housing Units | 262 (37.4%) |
| Median Home Value | $511,628 |
| Average Home Value | $834,900 |
Housing Distribution
Address Breakdown
Residential
9
Single Family
9
Multi-Family
0
Businesses
43
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Listed by: Doug Haye • Summit Realty Group Inc.
Mls Name: Sheridan County BOR
Mls Provider:
Mls ID: #25-286
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.