403 Meadow Rose AveGilletteWY82716
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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 Gillette at 403 Meadow Rose Ave, Gillette, WY, 82716 priced at $108,000 converts $842/mo rent into $228/mo cash flow after a $529/mo obligation. Total monthly income equals $842/mo, and annual cash flow totals $2,730/yr on $35,802 invested. Return on cash invested prints 27.53% in year one, and rental yield reads 9.36% against a $108,000 entry. Equity gained on principal adds $697/yr, while 5% annual appreciation compiles into $29,838 by year five. Five-year ROI reaches 143.14% and total cumulative return in cash sums $51,248. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $842/mo property income covering a $529/mo payment, not borrower’s personal income.
Manufactured
Built in 2003
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82716, Gillette, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,952 (100%) |
| Owner Occupied HU | 4,622 (58.1%) |
| Renter Occupied HU | 2,355 (29.6%) |
| Vacant Housing Units | 975 (12.3%) |
| Median Home Value | $258,847 |
| Average Home Value | $297,468 |
Housing Distribution
Address Breakdown
Residential
7,417
Single Family
6,796
Multi-Family
621
Businesses
701
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