2509 Conch StRock SpringsWY82901
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
Investment Highlights
Investment property for sale in Rock Springs at 2509 Conch St, Rock Springs, WY, 82901 offers a 7.89% rental yield on a $274,000 purchase with $1,802/mo rent. Total monthly income registers $1,802/mo, and a $1,341/mo payment leaves $244/mo available for distribution. Annual cash flow reaches $2,929/yr on $90,831 to close, and return on cash invested stands at 23.13% in year one. Equity gained on principal adds $1,768/yr while 5% annual appreciation supports $75,701 over five years. Portfolio math shows five-year ROI at 119.52% and total cumulative return in cash at $108,561. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,802/mo property income against a $1,341/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2007
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82901, Rock Springs, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,762 (100%) |
| Owner Occupied HU | 7,482 (58.6%) |
| Renter Occupied HU | 3,478 (27.3%) |
| Vacant Housing Units | 1,802 (14.1%) |
| Median Home Value | $277,530 |
| Average Home Value | $357,272 |
Housing Distribution
Address Breakdown
Residential
11,308
Single Family
11,186
Multi-Family
122
Businesses
877
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tiffany Cordova • House to Home Real Estate
Mls Name: WYOMLS
Mls ID: #20260029