2935 Ridgecrest DrCasperWY82604
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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 Casper at 2935 Ridgecrest Dr, Casper, WY, 82604 listed at $200,000 pairs $1,741/mo rent with a $979/mo payment to leave $604/mo cash flow. Total monthly income runs $1,741/mo, and annual cash flow reaches $7,244/yr on $66,300 cash to close. Return on cash invested measures 30.83% in year one, and rental yield registers 10.45% at a $200,000 basis. Equity gained on principal adds $1,291/yr, and annual property appreciation at 5% supports $55,256 by year five. Five-year ROI tracks 160.79% and total cumulative return in cash totals $106,604. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,741/mo property income relative to a $979/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
6,534 sqft lot
$N/A/sqft
No 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
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