808 Clarion DrGilletteWY82718
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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 808 Clarion Dr, Gillette, WY, 82718 offers a 7.15% rental yield on a $559,900 purchase with $3,334/mo rent. Total monthly income registers $3,334/mo, and a $2,740/mo payment leaves $151/mo available for distribution. Annual cash flow reaches $1,809/yr on $184,207 to close, and return on cash invested stands at 21.04% in year one. Equity gained on principal adds $3,613/yr while 5% annual appreciation supports $154,690 over five years. Portfolio math shows five-year ROI at 108.22% and total cumulative return in cash at $199,342. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,334/mo property income against a $2,740/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82718, Gillette, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,305 (100%) |
| Owner Occupied HU | 7,077 (68.7%) |
| Renter Occupied HU | 2,483 (24.1%) |
| Vacant Housing Units | 745 ( 7.2%) |
| Median Home Value | $330,776 |
| Average Home Value | $365,577 |
Housing Distribution
Address Breakdown
Residential
9,960
Single Family
8,981
Multi-Family
979
Businesses
648
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Listed by: Jessica LaCour • 411 Properties
Mls Name: Northeast Wyoming Realtors Association
Mls Provider:
Mls ID: #25-2280
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.