Fairgrounds RdNewcastleWY82701
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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
Rental property for sale in Newcastle at Fairgrounds Rd, Newcastle, WY, 82701 priced at $1,000,000 pairs $1,630/mo rent with after a $4,895/mo payment. Total monthly income equals $1,630/mo. Return on cash invested is 5.26% in year one, and rental yield stands at 1.96% on a $1,000,000 basis. Equity gained on principal adds $6,453/yr, and 5% annual appreciation accumulates to $276,282 by year five. Five-year ROI measures 23.61% and total cumulative return in cash reaches $77,680. For financing, Ziffy Mortgage’s DSCR program evaluates $1,630/mo property income against a $4,895/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
214.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82701, Newcastle, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,569 (100%) |
| Owner Occupied HU | 1,637 (63.7%) |
| Renter Occupied HU | 481 (18.7%) |
| Vacant Housing Units | 451 (17.6%) |
| Median Home Value | $248,875 |
| Average Home Value | $303,603 |
Housing Distribution
Address Breakdown
Residential
2,167
Single Family
2,144
Multi-Family
23
Businesses
291
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