2711 Rapid StGilletteWY82718
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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 2711 Rapid St, Gillette, WY, 82718 offers a 2.74% rental yield on a $599,000 purchase with $1,370/mo rent. 66% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 36.47% and total cumulative return in cash at $71,866. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,370/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1982
0.32 Acres 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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