316 S 23rd StWorlandWY82401
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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 Worland at 316 S 23rd St, Worland, WY, 82401 generates $2,117/mo in rent and, after a $1,463/mo payment, leaves $417/mo in cash flow. Total monthly income is $2,117/mo, and annual cash flow is $5,007/yr on $99,119 invested. Return on cash invested sits at 24.96% in year one, and rental yield is 8.5% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 129.3% and total cumulative return in cash sums $128,158. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,117/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82401, Worland, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,466 (100%) |
| Owner Occupied HU | 2,200 (63.5%) |
| Renter Occupied HU | 869 (25.1%) |
| Vacant Housing Units | 397 (11.5%) |
| Median Home Value | $215,476 |
| Average Home Value | $256,875 |
Housing Distribution
Address Breakdown
Residential
3,054
Single Family
3,003
Multi-Family
51
Businesses
446
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