129 Kay AveCheyenneWY82007
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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 Cheyenne at 129 Kay Ave, Cheyenne, WY, 82007 priced at $266,000 converts $1,746/mo rent into $233/mo cash flow after a $1,302/mo obligation. Total monthly income equals $1,746/mo, and annual cash flow totals $2,801/yr on $88,179 invested. Return on cash invested prints 23.09% in year one, and rental yield reads 7.88% against a $266,000 entry. Equity gained on principal adds $1,716/yr, while 5% annual appreciation compiles into $73,491 by year five. Five-year ROI reaches 119.25% and total cumulative return in cash sums $105,149. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,746/mo property income covering a $1,302/mo payment, not borrower’s personal income.
Single Family
Built in 1955
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82007, Cheyenne, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,967 (100%) |
| Owner Occupied HU | 5,530 (55.5%) |
| Renter Occupied HU | 3,785 (38.0%) |
| Vacant Housing Units | 652 ( 6.5%) |
| Median Home Value | $278,983 |
| Average Home Value | $318,095 |
Housing Distribution
Address Breakdown
Residential
9,538
Single Family
9,282
Multi-Family
256
Businesses
502
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
No similar price properties found nearby.