2708 Cascade DrGilletteWY82718
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowFew Gillette rentals match the income profile of 2708 Cascade Dr, Gillette, WY, 82718. Listed at $324,700, gross rent is $2,926/mo and net cash flow is $1,118/mo, a 11.02% yield well above national averages. DSCR 2.00 means Ziffy Mortgage can approve your loan on the property's income alone, bypassing personal income verification. The 5% annual appreciation trend adds $89,709 by year five with $2,991/yr in annual principal reduction, projecting $190,863 in total cumulative return.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 9.2% |
| Monthly Cash Flow | $1,118 | $1,250 |
City averages based on Gillette market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,926 |
| Total Monthly Debt Service | $1,734 |
| DSCR Ratio | 1.69x |
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 1980
9,147 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
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 1980
9,147 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maurica Hanson • RE/MAX Professionals
Mls Name: Northeast Wyoming Realtors Association
Mls Provider:
Mls ID: #25-1864
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.