2307 Big Lost DrGilletteWY82718
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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 Gillette at 2307 Big Lost Dr, Gillette, WY, 82718 uses $129,285 cash to close to unlock $10,443/yr annual cash flow and $870/mo monthly cash flow. Total monthly income runs $3,088/mo, and a $1,909/mo payment keeps the spread at $870/mo. Purchase price stands at $390,000, and rental yield measures 9.5% with $3,088/mo rent. Return on cash invested shows 27.99% in year one, and 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 145.53% and total cumulative return in cash records $188,144. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,088/mo property income covering a $1,909/mo payment rather than investor’s personal income.
Single Family
Built in 2014
6,098 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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