2230 E 16th StCasperWY82609
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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 Casper at 2230 E 16th St, Casper, WY, 82609 offers a 9.62% rental yield on a $275,000 purchase with $2,204/mo rent. Total monthly income registers $2,204/mo, and a $1,346/mo payment leaves $640/mo available for distribution. Annual cash flow reaches $7,683/yr on $91,163 to close, and return on cash invested stands at 28.34% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Portfolio math shows five-year ROI at 147.41% and total cumulative return in cash at $134,387. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,204/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82609, Casper, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,721 (100%) |
| Owner Occupied HU | 4,804 (55.1%) |
| Renter Occupied HU | 3,040 (34.9%) |
| Vacant Housing Units | 877 (10.1%) |
| Median Home Value | $337,516 |
| Average Home Value | $415,138 |
Housing Distribution
Address Breakdown
Residential
8,419
Single Family
8,075
Multi-Family
344
Businesses
452
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