205 Cedar StElk MountainWY82324
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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
Rental property for sale in Elk Mountain at 205 Cedar St, Elk Mountain, WY, 82324 offers $1,266/mo rent that, after a $817/mo payment, leaves $317/mo cash flow. Total monthly income is $1,266/mo, and annual cash flow is $3,801/yr on $55,361 cash. Return on cash invested measures 26.78% in year one, and rental yield stands at 9.1% at a $167,000 entry. Equity gained on principal adds $1,078/yr while 5% annual appreciation compounds into $46,139 by year five. Five-year ROI records 139.01% and total cumulative return in cash reaches $76,959. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,266/mo property income versus a $817/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82324, Elk Mountain, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 96 (100%) |
| Owner Occupied HU | 41 (42.7%) |
| Renter Occupied HU | 20 (20.8%) |
| Vacant Housing Units | 35 (36.5%) |
| Median Home Value | $181,250 |
| Average Home Value | $252,073 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
25
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Listed by: Lori Weishoff • White Stone Realty, LLC
Mls Name: WYOMLS
Mls ID: #20254389