2916 Colima DrRock SpringsWY82901
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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 Rock Springs at 2916 Colima Dr, Rock Springs, WY, 82901 generates $2,642/mo in rent and, after a $2,056/mo payment, leaves $254/mo in cash flow. Total monthly income is $2,642/mo, and annual cash flow is $3,042/yr on $139,230 invested. Return on cash invested sits at 22.09% in year one, and rental yield is 7.55% on a $419,999 entry. Equity gained on principal adds $2,710/yr, while 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 113.9% and total cumulative return in cash sums $158,587. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,642/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
8,712 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
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Listed by: Amanda Allred • All In Realty, LLC
Mls Name: WYOMLS
Mls ID: #20256610