517 N 16th St ERivertonWY82501
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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
Investment property for sale in Riverton at 517 N 16th St E, Riverton, WY, 82501 offers a 6.6% rental yield on a $229,000 purchase with $1,260/mo rent. 24% in year one. Equity gained on principal adds $1,478/yr while 5% annual appreciation supports $63,268 over five years. Portfolio math shows five-year ROI at 98.61% and total cumulative return in cash at $74,861. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,260/mo property income against a $1,121/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82501, Riverton, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,141 (100%) |
| Owner Occupied HU | 4,965 (61.0%) |
| Renter Occupied HU | 2,373 (29.1%) |
| Vacant Housing Units | 803 ( 9.9%) |
| Median Home Value | $262,601 |
| Average Home Value | $301,855 |
Housing Distribution
Address Breakdown
Residential
7,134
Single Family
6,844
Multi-Family
290
Businesses
827
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