309 Cedar AveKemmererWY83101
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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 309 Cedar Ave, Kemmerer, WY, 83101 priced at $203,900 converts $2,116/mo rent into $957/mo cash flow after a $998/mo obligation. Total monthly income equals $2,116/mo, and annual cash flow totals $11,479/yr on $67,593 invested. Return on cash invested prints 36.89% in year one, and rental yield reads 12.45% against a $203,900 entry. Equity gained on principal adds $1,316/yr, while 5% annual appreciation compiles into $56,334 by year five. Five-year ROI reaches 193.28% and total cumulative return in cash sums $130,640. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,116/mo property income covering a $998/mo payment, not borrower’s personal income.
Single Family
Built in 1937
3,500 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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