2418 S Coffman AveCasperWY82604
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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 2418 S Coffman Ave, Casper, WY, 82604 uses $82,544 cash to close to unlock $6,634/yr annual cash flow and $553/mo monthly cash flow. Total monthly income runs $1,969/mo, and a $1,219/mo payment keeps the spread at $553/mo. Purchase price stands at $249,000, and rental yield measures 9.49% with $1,969/mo rent. Return on cash invested shows 27.95% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 145.27% and total cumulative return in cash records $119,912. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,969/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Single Family
Built in 1950
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82604, Casper, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,953 (100%) |
| Owner Occupied HU | 8,365 (70.0%) |
| Renter Occupied HU | 2,530 (21.2%) |
| Vacant Housing Units | 1,058 ( 8.9%) |
| Median Home Value | $319,199 |
| Average Home Value | $358,518 |
Housing Distribution
Address Breakdown
Residential
10,852
Single Family
10,663
Multi-Family
189
Businesses
539
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