607 Overdale DrGilletteWY82718
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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 Gillette at 607 Overdale Dr, Gillette, WY, 82718 priced at $214,900 converts $1,981/mo rent into $759/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,981/mo, and annual cash flow totals $9,106/yr on $71,239 invested. Return on cash invested prints 32.69% in year one, and rental yield reads 11.06% against a $214,900 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,373 by year five. Five-year ROI reaches 170.71% and total cumulative return in cash sums $121,614. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,981/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Townhouse
Built in 1982
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82718, Gillette, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,305 (100%) |
| Owner Occupied HU | 7,077 (68.7%) |
| Renter Occupied HU | 2,483 (24.1%) |
| Vacant Housing Units | 745 ( 7.2%) |
| Median Home Value | $330,776 |
| Average Home Value | $365,577 |
Housing Distribution
Address Breakdown
Residential
9,960
Single Family
8,981
Multi-Family
979
Businesses
648
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