2029 Reagan AveRock SpringsWY82901
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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 Rock Springs at 2029 Reagan Ave, Rock Springs, WY, 82901 uses $60,333 cash to close to unlock $7,367/yr annual cash flow and $614/mo monthly cash flow. Total monthly income runs $1,649/mo, and a $891/mo payment keeps the spread at $614/mo. Purchase price stands at $182,000, and rental yield measures 10.87% with $1,649/mo rent. Return on cash invested shows 32.12% in year one, and 5% annual appreciation builds toward $50,283 over five years. Five-year ROI reaches 167.64% and total cumulative return in cash records $101,145. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,649/mo property income covering a $891/mo payment rather than investor’s personal income.
Townhouse
Built in 1981
3,049 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
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Listed by: Kelly Palmer • Brokerage Southwest
Mls Name: WYOMLS
Mls ID: #20255796