405 Clarion DrGilletteWY82718
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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 405 Clarion Dr, Gillette, WY, 82718 offers $4,477/mo rent that, after a $2,902/mo payment, leaves $1,106/mo cash flow. Total monthly income is $4,477/mo, and annual cash flow is $13,266/yr on $195,097 cash. Return on cash invested measures 26.86% in year one, and rental yield stands at 9.06% at a $592,999 entry. Equity gained on principal adds $3,827/yr while 5% annual appreciation compounds into $163,835 by year five. Five-year ROI records 139.43% and total cumulative return in cash reaches $272,014. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,477/mo property income versus a $2,902/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82718, Gillette, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,305 (100%) |
| Owner Occupied HU | 7,077 (68.7%) |
| Renter Occupied HU | 2,483 (24.1%) |
| Vacant Housing Units | 745 ( 7.2%) |
| Median Home Value | $330,776 |
| Average Home Value | $365,577 |
Housing Distribution
Address Breakdown
Residential
9,960
Single Family
8,981
Multi-Family
979
Businesses
648
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