48 Aspen Grove Dr E APT K11EvanstonWY82930
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
Rental property for sale in Evanston at 48 Aspen Grove Dr E APT K11, Evanston, WY, 82930 priced at $215,500 converts $1,484/mo rent into $118/mo cash flow after a $1,055/mo obligation. Total monthly income equals $1,484/mo, and annual cash flow totals $1,421/yr on $71,438 invested. Return on cash invested prints 21.9% in year one, and rental yield reads 8.26% against a $215,500 entry. Equity gained on principal adds $1,391/yr, while 5% annual appreciation compiles into $59,539 by year five. Five-year ROI reaches 113.74% and total cumulative return in cash sums $81,254. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,484/mo property income covering a $1,055/mo payment, not borrower’s personal income.
Townhouse
Built in 1982
871.20 sqft lot
$N/A/sqft
$140 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82930, Evanston, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,336 (100%) |
| Owner Occupied HU | 3,852 (60.8%) |
| Renter Occupied HU | 1,699 (26.8%) |
| Vacant Housing Units | 785 (12.4%) |
| Median Home Value | $280,402 |
| Average Home Value | $327,905 |
Housing Distribution
Address Breakdown
Residential
5,340
Single Family
5,006
Multi-Family
334
Businesses
510
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leslie Hutchinson • Bear River Realty LLC
Mls Name: WYOMLS
Mls Provider:
Mls ID: #20251236
Disclaimer: Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The data relating to real estate on this web site comes in part from the Wyoming MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than the listing office named are marked with the Wyoming MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.