302 E 28th AveTorringtonWY82240
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
Investment Highlights
Investment property for sale in Torrington at 302 E 28th Ave, Torrington, WY, 82240 listed at $189,000 pairs $1,092/mo rent with a $925/mo payment to leave $17/mo cash flow. Total monthly income runs $1,092/mo, and annual cash flow reaches $208/yr on $62,654 cash to close. Return on cash invested measures 20.24% in year one, and rental yield registers 6.93% at a $189,000 basis. Equity gained on principal adds $1,220/yr, and annual property appreciation at 5% supports $52,217 by year five. Five-year ROI tracks 104.02% and total cumulative return in cash totals $65,170. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,092/mo property income relative to a $925/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82240, Torrington, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,514 (100%) |
| Owner Occupied HU | 2,786 (61.7%) |
| Renter Occupied HU | 1,147 (25.4%) |
| Vacant Housing Units | 581 (12.9%) |
| Median Home Value | $258,065 |
| Average Home Value | $291,246 |
Housing Distribution
Address Breakdown
Residential
4,072
Single Family
3,936
Multi-Family
136
Businesses
517
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deanna Gerrard • Windmill Realty
Mls Name: WYOMLS
Mls Provider:
Mls ID: #20251417
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.