511 Kanda CirRock SpringsWY82901
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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 Rock Springs at 511 Kanda Cir, Rock Springs, WY, 82901 priced at $233,400 converts $1,870/mo rent into $543/mo cash flow after a $1,142/mo obligation. Total monthly income equals $1,870/mo, and annual cash flow totals $6,519/yr on $77,372 invested. Return on cash invested prints 28.33% in year one, and rental yield reads 9.61% against a $233,400 entry. Equity gained on principal adds $1,506/yr, while 5% annual appreciation compiles into $64,484 by year five. Five-year ROI reaches 147.39% and total cumulative return in cash sums $114,042. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,870/mo property income covering a $1,142/mo payment, not borrower’s personal income.
Single Family
Built in 1982
6,499 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82901, Rock Springs, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,762 (100%) |
| Owner Occupied HU | 7,482 (58.6%) |
| Renter Occupied HU | 3,478 (27.3%) |
| Vacant Housing Units | 1,802 (14.1%) |
| Median Home Value | $277,530 |
| Average Home Value | $357,272 |
Housing Distribution
Address Breakdown
Residential
11,308
Single Family
11,186
Multi-Family
122
Businesses
877
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