674 Nevada AveLovellWY82431
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lovell at 674 Nevada Ave, Lovell, WY, 82431 priced at $199,000 converts $1,440/mo rent into $308/mo cash flow after a $974/mo obligation. Total monthly income equals $1,440/mo, and annual cash flow totals $3,702/yr on $65,969 invested. Return on cash invested prints 25.52% in year one, and rental yield reads 8.68% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. Five-year ROI reaches 132.31% and total cumulative return in cash sums $87,282. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $974/mo payment, not borrower’s personal income.
Single Family
Built in 1917
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82431, Lovell, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,682 (100%) |
| Owner Occupied HU | 1,029 (61.2%) |
| Renter Occupied HU | 433 (25.7%) |
| Vacant Housing Units | 220 (13.1%) |
| Median Home Value | $227,258 |
| Average Home Value | $254,094 |
Housing Distribution
Address Breakdown
Residential
1,407
Single Family
1,364
Multi-Family
43
Businesses
181
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