700 E 3rd StGilletteWY82716
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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 Gillette at 700 E 3rd St, Gillette, WY, 82716 listed at $679,100 pairs $1,492/mo rent with a $3,324/mo payment. Total monthly income runs $1,492/mo. Return on cash invested measures 7.33% in year one, and rental yield registers 2.64% at a $679,100 basis. Equity gained on principal adds $4,382/yr, and annual property appreciation at 5% supports $187,623 by year five. Five-year ROI tracks 34.71% and total cumulative return in cash totals $77,550. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,492/mo property income relative to a $3,324/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82716, Gillette, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,952 (100%) |
| Owner Occupied HU | 4,622 (58.1%) |
| Renter Occupied HU | 2,355 (29.6%) |
| Vacant Housing Units | 975 (12.3%) |
| Median Home Value | $258,847 |
| Average Home Value | $297,468 |
Housing Distribution
Address Breakdown
Residential
7,417
Single Family
6,796
Multi-Family
621
Businesses
701
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