2908 Knollwood DrGilletteWY82718
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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
Rental property for sale in Gillette at 2908 Knollwood Dr, Gillette, WY, 82718 offers $3,764/mo rent that, after a $695/mo payment, leaves $2,908/mo cash flow. Total monthly income is $3,764/mo, and annual cash flow is $34,897/yr on $47,040 cash. Return on cash invested measures 94.09% in year one, and rental yield stands at 31.83% at a $141,900 entry. Equity gained on principal adds $916/yr while 5% annual appreciation compounds into $39,204 by year five. Five-year ROI records 500.55% and total cumulative return in cash reaches $235,459. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,764/mo property income versus a $695/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
1.04 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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