418 Morgan AveMillsWY82644
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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 Mills at 418 Morgan Ave, Mills, WY, 82644 offers a 7.54% rental yield on a $280,000 purchase with $1,759/mo rent. Total monthly income registers $1,759/mo, and a $1,370/mo payment leaves $167/mo available for distribution. Annual cash flow reaches $2,008/yr on $92,820 to close, and return on cash invested stands at 22.07% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 113.8% and total cumulative return in cash at $105,633. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,759/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
5,599 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82644, Mills, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,074 (100%) |
| Owner Occupied HU | 662 (61.6%) |
| Renter Occupied HU | 305 (28.4%) |
| Vacant Housing Units | 107 ( 10.0%) |
| Median Home Value | $315,152 |
| Average Home Value | $436,567 |
Housing Distribution
Address Breakdown
Residential
19
Single Family
19
Multi-Family
0
Businesses
379
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