1048 Florence AveSheridanWY82801
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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 Sheridan at 1048 Florence Ave, Sheridan, WY, 82801 uses $104,423 cash to close to unlock $7,411/yr annual cash flow and $618/mo monthly cash flow. Total monthly income runs $2,425/mo, and a $1,542/mo payment keeps the spread at $618/mo. Purchase price stands at $315,000, and rental yield measures 9.24% with $2,425/mo rent. Return on cash invested shows 27.01% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 140.33% and total cumulative return in cash records $146,537. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,425/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1977
10,478 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82801, Sheridan, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,042 (100%) |
| Owner Occupied HU | 7,966 (61.1%) |
| Renter Occupied HU | 3,969 (30.4%) |
| Vacant Housing Units | 1,107 ( 8.5%) |
| Median Home Value | $394,533 |
| Average Home Value | $476,765 |
Housing Distribution
Address Breakdown
Residential
12,127
Single Family
11,766
Multi-Family
361
Businesses
1,542
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Listed by: Charles W Cunningham • Concept Z Home & Property
Mls Name: Sheridan County BOR
Mls Provider:
Mls ID: #25-840
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.