2503 Cheryl 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
Investment property for sale in Gillette at 2503 Cheryl Ave, Gillette, WY, 82718 uses $77,903 cash to close to unlock $5,976/yr annual cash flow and $498/mo monthly cash flow. Total monthly income runs $1,834/mo, and a $1,150/mo payment keeps the spread at $498/mo. Purchase price stands at $235,000, and rental yield measures 9.37% with $1,834/mo rent. Return on cash invested shows 27.58% in year one, and 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 143.31% and total cumulative return in cash records $111,640. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,834/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Manufactured
Built in 1976
8,712 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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Listed by: Veronica Ramirez • BHHS - Preferred Real Estate Group
Mls Name: Northeast Wyoming Realtors Association
Mls Provider:
Mls ID: #25-2674
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.