1104 Covey Run Rd LOT 19SheridanWY82801
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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 1104 Covey Run Rd LOT 19, Sheridan, WY, 82801 uses $126,732 cash to close to unlock $2,140/yr annual cash flow and $178/mo monthly cash flow. Total monthly income runs $2,352/mo, and a $1,871/mo payment keeps the spread at $178/mo. Purchase price stands at $382,300, and rental yield measures 7.38% with $2,352/mo rent. Return on cash invested shows 21.6% in year one, and 5% annual appreciation builds toward $105,622 over five years. Five-year ROI reaches 111.26% and total cumulative return in cash records $141,003. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,352/mo property income covering a $1,871/mo payment rather than investor’s personal income.
Home Type Unknown
Built in N/A
N/A 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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