308 Garnet StKemmererWY83101
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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 Kemmerer at 308 Garnet St, Kemmerer, WY, 83101 priced at $134,900 converts $1,268/mo rent into $501/mo cash flow after a $660/mo obligation. Total monthly income equals $1,268/mo, and annual cash flow totals $6,014/yr on $44,719 invested. Return on cash invested prints 33.36% in year one, and rental yield reads 11.28% against a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation compiles into $37,270 by year five. Five-year ROI reaches 174.38% and total cumulative return in cash sums $77,981. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,268/mo property income covering a $660/mo payment, not borrower’s personal income.
Single Family
Built in 1925
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83101, Kemmerer, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,715 (100%) |
| Owner Occupied HU | 970 (56.6%) |
| Renter Occupied HU | 300 (17.5%) |
| Vacant Housing Units | 445 (25.9%) |
| Median Home Value | $192,373 |
| Average Home Value | $227,235 |
Housing Distribution
Address Breakdown
Residential
1,065
Single Family
1,050
Multi-Family
15
Businesses
197
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