8 Meadowlark CtGilletteWY82716
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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 8 Meadowlark Ct, Gillette, WY, 82716 listed at $286,000 pairs $2,023/mo rent with a $1,400/mo payment to leave $267/mo cash flow. Total monthly income runs $2,023/mo, and annual cash flow reaches $3,200/yr on $94,809 cash to close. Return on cash invested measures 23.28% in year one, and rental yield registers 8.49% at a $286,000 basis. Equity gained on principal adds $1,846/yr, and annual property appreciation at 5% supports $79,017 by year five. Five-year ROI tracks 120.88% and total cumulative return in cash totals $114,608. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,023/mo property income relative to a $1,400/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2010
2.71 Acres 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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Listed by: Stephanie Thomas • 307 Realty Team, LLC
Mls Name: Northeast Wyoming Realtors Association
Mls Provider:
Mls ID: #25-2021
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.