291 Indian Paintbrush St #12CasperWY82604
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowIf cash-on-cash performance is your primary filter, 291 Indian Paintbrush St #12, Casper, WY, 82604 in Casper deserves attention. This $300,000 property earns $2,524/mo in rent, a 10.09% gross yield, and nets $629/mo after the $1,349/mo payment. DSCR 1.87 makes it one of the cleaner DSCR underwriting candidates Ziffy Mortgage sees in this market. Five-year appreciation of $82,884 compounds alongside $2,763/yr in yearly equity build, for a total cumulative return of $154,420.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.1% | 5.2% |
| Monthly Cash Flow | $629 | $850 |
City averages based on Casper market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,524 |
| Total Monthly Debt Service | $1,776 |
| DSCR Ratio | 1.42x |
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.
Townhouse
Built in 1980
2,178 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82604, Casper, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,953 (100%) |
| Owner Occupied HU | 8,365 (70.0%) |
| Renter Occupied HU | 2,530 (21.2%) |
| Vacant Housing Units | 1,058 ( 8.9%) |
| Median Home Value | $319,199 |
| Average Home Value | $358,518 |
Housing Distribution
Address Breakdown
Residential
10,852
Single Family
10,663
Multi-Family
189
Businesses
539
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
Townhouse
Built in 1980
2,178 sqft lot
$N/A/sqft
$175 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82604, Casper, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,953 (100%) |
| Owner Occupied HU | 8,365 (70.0%) |
| Renter Occupied HU | 2,530 (21.2%) |
| Vacant Housing Units | 1,058 ( 8.9%) |
| Median Home Value | $319,199 |
| Average Home Value | $358,518 |
Housing Distribution
Address Breakdown
Residential
10,852
Single Family
10,663
Multi-Family
189
Businesses
539
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Janae Rude • The Michael Houck Real Estate Team
Mls Name: WYOMLS
Mls Provider:
Mls ID: #20251353
Disclaimer: Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The data relating to real estate on this web site comes in part from the Wyoming MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than the listing office named are marked with the Wyoming MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.