2202 Sammye 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 2202 Sammye Ave, Gillette, WY, 82718 offers $1,688/mo rent that, after a $974/mo payment, leaves $506/mo cash flow. Total monthly income is $1,688/mo, and annual cash flow is $6,078/yr on $65,969 cash. Return on cash invested measures 29.12% in year one, and rental yield stands at 10.18% at a $199,000 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,980 by year five. Five-year ROI records 151.95% and total cumulative return in cash reaches $100,242. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,688/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1992
6,969 sqft lot
$N/A/sqft
$50 monthly 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: Carol Percival • ERA Priority Real Estate
Mls Name: Northeast Wyoming Realtors Association
Mls Provider:
Mls ID: #24-1310
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.