2003 Mint AveGilletteWY82718
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
Investment property for sale in Gillette at 2003 Mint Ave, Gillette, WY, 82718 uses $45,416 cash to close to unlock $3,522/yr annual cash flow and $294/mo monthly cash flow. Total monthly income runs $1,073/mo, and a $671/mo payment keeps the spread at $294/mo. Purchase price stands at $137,000, and rental yield measures 9.4% with $1,073/mo rent. Return on cash invested shows 27.67% in year one, and 5% annual appreciation builds toward $37,851 over five years. Five-year ROI reaches 143.83% and total cumulative return in cash records $65,320. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,073/mo property income covering a $671/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82718, Gillette, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,305 (100%) |
| Owner Occupied HU | 7,077 (68.7%) |
| Renter Occupied HU | 2,483 (24.1%) |
| Vacant Housing Units | 745 ( 7.2%) |
| Median Home Value | $330,776 |
| Average Home Value | $365,577 |
Housing Distribution
Address Breakdown
Residential
9,960
Single Family
8,981
Multi-Family
979
Businesses
648
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices