2440 E 7th StCasperWY82609
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 2440 E 7th St, Casper, WY, 82609 in Casper. At $234,000 it earns $1,846/mo in rent and distributes $515/mo to the owner after the $1,052/mo payment, a consistent 9.46% yield. DSCR 1.75 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $64,650 in value; $2,155/yr in principal paydown compounds ownership stake. Total projected return: $121,407.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 5.2% |
| Monthly Cash Flow | $515 | $850 |
City averages based on Casper market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,846 |
| Total Monthly Debt Service | $1,237 |
| DSCR Ratio | 1.49x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1955
8,250 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1955
8,250 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices