203 E Wentworth StNewcastleWY82701
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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 Newcastle at 203 E Wentworth St, Newcastle, WY, 82701 priced at $179,900 converts $1,669/mo rent into $646/mo cash flow after a $881/mo obligation. Total monthly income equals $1,669/mo, and annual cash flow totals $7,747/yr on $59,637 invested. Return on cash invested prints 32.9% in year one, and rental yield reads 11.13% against a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation compiles into $49,703 by year five. Five-year ROI reaches 171.86% and total cumulative return in cash sums $102,489. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,669/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1954
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82701, Newcastle, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,569 (100%) |
| Owner Occupied HU | 1,637 (63.7%) |
| Renter Occupied HU | 481 (18.7%) |
| Vacant Housing Units | 451 (17.6%) |
| Median Home Value | $248,875 |
| Average Home Value | $303,603 |
Housing Distribution
Address Breakdown
Residential
2,167
Single Family
2,144
Multi-Family
23
Businesses
291
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Listed by: Felicia Porch • Pat Avery Real Estate
Mls Name: Northeast Wyoming Realtors Association
Mls Provider:
Mls ID: #25-2228
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.