2017 Reagan AveRock SpringsWY82901
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 Rock Springs at 2017 Reagan Ave, Rock Springs, WY, 82901 uses $65,969 cash to close to unlock $3,834/yr annual cash flow and $319/mo monthly cash flow. Total monthly income runs $1,451/mo, and a $974/mo payment keeps the spread at $319/mo. Purchase price stands at $199,000, and rental yield measures 8.75% with $1,451/mo rent. Return on cash invested shows 25.72% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 133.38% and total cumulative return in cash records $87,990. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,451/mo property income covering a $974/mo payment rather than investor’s personal income.
Townhouse
Built in 1981
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82901, Rock Springs, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,762 (100%) |
| Owner Occupied HU | 7,482 (58.6%) |
| Renter Occupied HU | 3,478 (27.3%) |
| Vacant Housing Units | 1,802 (14.1%) |
| Median Home Value | $277,530 |
| Average Home Value | $357,272 |
Housing Distribution
Address Breakdown
Residential
11,308
Single Family
11,186
Multi-Family
122
Businesses
877
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tiffany Cordova • House to Home Real Estate
Mls Name: WYOMLS
Mls ID: #20254863