508 Springview StThermopolisWY82443
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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 Thermopolis at 508 Springview St, Thermopolis, WY, 82443 offers $870/mo rent that, after a $1,456/mo payment. Total monthly income is $870/mo. Return on cash invested measures 9.91% in year one, and rental yield stands at 3.51% at a $297,500 entry. Equity gained on principal adds $1,920/yr while 5% annual appreciation compounds into $82,194 by year five. Five-year ROI records 48.59% and total cumulative return in cash reaches $47,923. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $870/mo property income versus a $1,456/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82443, Thermopolis, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,522 (100%) |
| Owner Occupied HU | 1,450 (57.5%) |
| Renter Occupied HU | 576 (22.8%) |
| Vacant Housing Units | 496 (19.7%) |
| Median Home Value | $235,204 |
| Average Home Value | $266,666 |
Housing Distribution
Address Breakdown
Residential
1,952
Single Family
1,862
Multi-Family
90
Businesses
294
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Listed by: Amy Ready • Western Land Sales
Mls Name: My State MLS
Mls ID: #11334503