386 Spruce StAlpineWY83128
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 386 Spruce St, Alpine, WY, 83128 in Alpine. Rental yield 3.89%. At $1,050,000 with 3.89% gross yield, current distributions are modest, but the 5% appreciation rate projects $290,096 in new equity by year five, complemented by $9,671/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.80) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $255,945.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 6.2% |
| Monthly Cash Flow | $(2,568) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $3,796 |
| Total Monthly Debt Service | $5,553 |
| DSCR Ratio | 0.68x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2022
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83128, Alpine, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,090 (100%) |
| Owner Occupied HU | 589 (54.0%) |
| Renter Occupied HU | 260 (23.9%) |
| Vacant Housing Units | 241 (22.1%) |
| Median Home Value | $396,409 |
| Average Home Value | $488,939 |
Housing Distribution
Address Breakdown
Residential
36
Single Family
36
Multi-Family
0
Businesses
83
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2022
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 83128, Alpine, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,090 (100%) |
| Owner Occupied HU | 589 (54.0%) |
| Renter Occupied HU | 260 (23.9%) |
| Vacant Housing Units | 241 (22.1%) |
| Median Home Value | $396,409 |
| Average Home Value | $488,939 |
Housing Distribution
Address Breakdown
Residential
36
Single Family
36
Multi-Family
0
Businesses
83
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Oly G Olson • Compass Real Estate
Mls Name: Sheridan County BOR
Mls Provider:
Mls ID: #25-393
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.