3902 Madison DrRock SpringsWY82901
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
Investment Highlights
Investment property for sale in Rock Springs at 3902 Madison Dr, Rock Springs, WY, 82901 uses $89,505 cash to close to unlock $10,359/yr annual cash flow and $863/mo monthly cash flow. Total monthly income runs $2,399/mo, and a $1,322/mo payment keeps the spread at $863/mo. Purchase price stands at $270,000, and rental yield measures 10.66% with $2,399/mo rent. Return on cash invested shows 31.48% in year one, and 5% annual appreciation builds toward $74,596 over five years. Five-year ROI reaches 164.29% and total cumulative return in cash records $147,049. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,399/mo property income covering a $1,322/mo payment rather than investor’s personal income.
Single Family
Built in 1981
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82901, Rock Springs, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,762 (100%) |
| Owner Occupied HU | 7,482 (58.6%) |
| Renter Occupied HU | 3,478 (27.3%) |
| Vacant Housing Units | 1,802 (14.1%) |
| Median Home Value | $277,530 |
| Average Home Value | $357,272 |
Housing Distribution
Address Breakdown
Residential
11,308
Single Family
11,186
Multi-Family
122
Businesses
877
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jesika Nacey • High Desert Realty
Mls Name: WYOMLS
Mls ID: #20255086