921 E 22nd AveTorringtonWY82240
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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 Torrington at 921 E 22nd Ave, Torrington, WY, 82240 uses $116,025 cash to close to unlock $3,119/yr annual cash flow and $260/mo monthly cash flow. Total monthly income runs $2,250/mo, and a $1,713/mo payment keeps the spread at $260/mo. Purchase price stands at $350,000, and rental yield measures 7.71% with $2,250/mo rent. Return on cash invested shows 22.6% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 116.59% and total cumulative return in cash records $135,278. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,250/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1987
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82240, Torrington, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,514 (100%) |
| Owner Occupied HU | 2,786 (61.7%) |
| Renter Occupied HU | 1,147 (25.4%) |
| Vacant Housing Units | 581 (12.9%) |
| Median Home Value | $258,065 |
| Average Home Value | $291,246 |
Housing Distribution
Address Breakdown
Residential
4,072
Single Family
3,936
Multi-Family
136
Businesses
517
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Listed by: Irene Reese • 307 Realty Professionals
Mls Name: WYOMLS
Mls ID: #20255419