321 Cedar Springs DrThayneWY83127
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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 Thayne at 321 Cedar Springs Dr, Thayne, WY, 83127 priced at $370,000 converts $2,464/mo rent into $360/mo cash flow after a $1,811/mo obligation. Total monthly income equals $2,464/mo, and annual cash flow totals $4,321/yr on $122,655 invested. Return on cash invested prints 23.43% in year one, and rental yield reads 7.99% against a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation compiles into $102,224 by year five. Five-year ROI reaches 121.09% and total cumulative return in cash sums $148,529. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,464/mo property income covering a $1,811/mo payment, not borrower’s personal income.
Single Family
Built in 2007
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83127, Thayne, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,032 (100%) |
| Owner Occupied HU | 1,302 (64.1%) |
| Renter Occupied HU | 222 (10.9%) |
| Vacant Housing Units | 508 (25.0%) |
| Median Home Value | $472,081 |
| Average Home Value | $562,667 |
Housing Distribution
Address Breakdown
Residential
977
Single Family
241
Multi-Family
736
Businesses
121
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