740 Rhode Island AveRock SpringsWY82901
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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 Rock Springs at 740 Rhode Island Ave, Rock Springs, WY, 82901 with 5% annual appreciation on a $239,000 basis while $1,666/mo rent supports operations. Total monthly income totals $1,666/mo and a $1,170/mo payment preserves $307/mo for cash returns. Annual cash flow comes to $3,681/yr on $79,229 deployed, and return on cash invested reaches 24.56% in year one. Equity gained on principal adds $1,542/yr, and five-year appreciation sums $66,031 alongside rental yield of 8.36%. Five-year ROI measures 127.11% and total cumulative return in cash totals $100,704.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,666/mo property income versus a $1,170/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82901, Rock Springs, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,762 (100%) |
| Owner Occupied HU | 7,482 (58.6%) |
| Renter Occupied HU | 3,478 (27.3%) |
| Vacant Housing Units | 1,802 (14.1%) |
| Median Home Value | $277,530 |
| Average Home Value | $357,272 |
Housing Distribution
Address Breakdown
Residential
11,308
Single Family
11,186
Multi-Family
122
Businesses
877
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Listed by: Janell Flack • HOMEroots Realty of Wyoming, LLC
Mls Name: WYOMLS
Mls ID: #20260137