705 S 6th StBasinWY82410
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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 Basin at 705 S 6th St, Basin, WY, 82410 generates $1,560/mo in rent and, after a $861/mo payment, leaves $560/mo in cash flow. Total monthly income is $1,560/mo, and annual cash flow is $6,716/yr on $58,344 invested. Return on cash invested sits at 31.42% in year one, and rental yield is 10.64% on a $176,000 entry. Equity gained on principal adds $1,136/yr, while 5% annual appreciation builds toward $48,626 over five years. Five-year ROI reaches 163.94% and total cumulative return in cash sums $95,649. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,560/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82410, Basin, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 811 (100%) |
| Owner Occupied HU | 516 (63.6%) |
| Renter Occupied HU | 198 (24.4%) |
| Vacant Housing Units | 97 (12.0%) |
| Median Home Value | $202,500 |
| Average Home Value | $253,014 |
Housing Distribution
Address Breakdown
Residential
245
Single Family
245
Multi-Family
0
Businesses
80
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Listed by: Dawn Snyder • Richard Realty
Mls Name: NWBOR
Mls ID: #10031595
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