1322 Cleveland AveCheyenneWY82001
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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 Cheyenne at 1322 Cleveland Ave, Cheyenne, WY, 82001 uses $92,489 cash to close to unlock $5,610/yr annual cash flow and $468/mo monthly cash flow. Total monthly income runs $2,083/mo, and a $1,366/mo payment keeps the spread at $468/mo. Purchase price stands at $279,000, and rental yield measures 8.96% with $2,083/mo rent. Return on cash invested shows 25.97% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 134.85% and total cumulative return in cash records $124,723. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,083/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Townhouse
Built in 1986
2,663 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82001, Cheyenne, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,987 (100%) |
| Owner Occupied HU | 9,630 (53.5%) |
| Renter Occupied HU | 7,056 (39.2%) |
| Vacant Housing Units | 1,301 ( 7.2%) |
| Median Home Value | $341,400 |
| Average Home Value | $394,309 |
Housing Distribution
Address Breakdown
Residential
17,002
Single Family
16,037
Multi-Family
965
Businesses
1,513
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Listed by: Heather Mendoza • #1 Properties
Mls Name: Cheyenne BOR
Mls Provider:
Mls ID: #97074
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate by the Cheyenne MLS. Copyright 2025 Cheyenne MLS