505 S Nebraska AveCasperWY82609
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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 Casper at 505 S Nebraska Ave, Casper, WY, 82609 priced at $295,000 pairs $1,590/mo rent with after a $1,444/mo payment. Total monthly income equals $1,590/mo. Return on cash invested is 18.83% in year one, and rental yield stands at 6.47% on a $295,000 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 96.45% and total cumulative return in cash reaches $94,322. For financing, Ziffy Mortgage’s DSCR program evaluates $1,590/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82609, Casper, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,721 (100%) |
| Owner Occupied HU | 4,804 (55.1%) |
| Renter Occupied HU | 3,040 (34.9%) |
| Vacant Housing Units | 877 (10.1%) |
| Median Home Value | $337,516 |
| Average Home Value | $415,138 |
Housing Distribution
Address Breakdown
Residential
8,419
Single Family
8,075
Multi-Family
344
Businesses
452
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