2116 S Emerson AveGilletteWY82718
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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 Gillette at 2116 S Emerson Ave, Gillette, WY, 82718 generates $1,834/mo in rent and, after a $1,272/mo payment, leaves $356/mo in cash flow. Total monthly income is $1,834/mo, and annual cash flow is $4,275/yr on $86,157 invested. Return on cash invested sits at 24.87% in year one, and rental yield is 8.47% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 128.83% and total cumulative return in cash sums $110,998. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,834/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
4,356 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
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Listed by: Summer Robertson • Team Properties Group, LLC
Mls Name: Northeast Wyoming Realtors Association
Mls Provider:
Mls ID: #25-2150
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.