84 S 4th AveMillsWY82604
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Nearby investment properties with comparable prices
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 Mills at 84 S 4th Ave, Mills, WY, 82604 offers $1,792/mo rent that, after a $930/mo payment, leaves $712/mo cash flow. Total monthly income is $1,792/mo, and annual cash flow is $8,539/yr on $62,985 cash. Return on cash invested measures 33.47% in year one, and rental yield stands at 11.32% at a $190,000 entry. Equity gained on principal adds $1,226/yr while 5% annual appreciation compounds into $52,494 by year five. Five-year ROI records 174.92% and total cumulative return in cash reaches $110,172. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,792/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 1979
10,123 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82604, Casper, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,953 (100%) |
| Owner Occupied HU | 8,365 (70.0%) |
| Renter Occupied HU | 2,530 (21.2%) |
| Vacant Housing Units | 1,058 ( 8.9%) |
| Median Home Value | $319,199 |
| Average Home Value | $358,518 |
Housing Distribution
Address Breakdown
Residential
10,852
Single Family
10,663
Multi-Family
189
Businesses
539
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