2002 Limecreek AveGilletteWY82716
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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 2002 Limecreek Ave, Gillette, WY, 82716 offers a 11.34% rental yield on a $304,900 purchase with $2,882/mo rent. Total monthly income registers $2,882/mo, and a $1,492/mo payment leaves $1,140/mo available for distribution. Annual cash flow reaches $13,686/yr on $101,074 to close, and return on cash invested stands at 33.45% in year one. Equity gained on principal adds $1,967/yr while 5% annual appreciation supports $84,238 over five years. Portfolio math shows five-year ROI at 174.84% and total cumulative return in cash at $176,714. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,882/mo property income against a $1,492/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2007
0.29 Acres 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: Stacey J Peterson • RE/MAX Professionals
Mls Name: Northeast Wyoming Realtors Association
Mls Provider:
Mls ID: #25-2039
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.