416 S 3rd StGlenrockWY82637
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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
Investment property for sale in Glenrock at 416 S 3rd St, Glenrock, WY, 82637 uses $70,775 cash to close to unlock $8,640/yr annual cash flow and $720/mo monthly cash flow. Total monthly income runs $1,934/mo, and a $1,045/mo payment keeps the spread at $720/mo. Purchase price stands at $213,500, and rental yield measures 10.87% with $1,934/mo rent. Return on cash invested shows 32.12% in year one, and 5% annual appreciation builds toward $58,986 over five years. Five-year ROI reaches 167.63% and total cumulative return in cash records $118,642. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,934/mo property income covering a $1,045/mo payment rather than investor’s personal income.
Single Family
Built in 1925
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82637, Glenrock, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,836 (100%) |
| Owner Occupied HU | 1,233 (67.2%) |
| Renter Occupied HU | 390 (21.2%) |
| Vacant Housing Units | 213 (11.6%) |
| Median Home Value | $285,221 |
| Average Home Value | $342,660 |
Housing Distribution
Address Breakdown
Residential
385
Single Family
333
Multi-Family
52
Businesses
123
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