3501 E 23rd StCasperWY82609
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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 Casper at 3501 E 23rd St, Casper, WY, 82609 generates $3,191/mo in rent and, after a $2,059/mo payment, leaves $757/mo in cash flow. Total monthly income is $3,191/mo, and annual cash flow is $9,078/yr on $139,458 invested. Return on cash invested sits at 26.42% in year one, and rental yield is 9.1% on a $420,689 entry. Equity gained on principal adds $2,715/yr, while 5% annual appreciation builds toward $116,229 over five years. Five-year ROI reaches 137.23% and total cumulative return in cash sums $191,383. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,191/mo property income rather than buyer’s personal income.
Single Family
Built in 1980
10,039 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82609, Casper, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,721 (100%) |
| Owner Occupied HU | 4,804 (55.1%) |
| Renter Occupied HU | 3,040 (34.9%) |
| Vacant Housing Units | 877 (10.1%) |
| Median Home Value | $337,516 |
| Average Home Value | $415,138 |
Housing Distribution
Address Breakdown
Residential
8,419
Single Family
8,075
Multi-Family
344
Businesses
452
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