16 Choke Cherry LnStoryWY82842
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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 Story at 16 Choke Cherry Ln, Story, WY, 82842 uses $197,367 cash to close to unlock $3,061/yr annual cash flow and $255/mo monthly cash flow. Total monthly income runs $3,666/mo, and a $2,936/mo payment keeps the spread at $255/mo. Purchase price stands at $599,900, and rental yield measures 7.33% with $3,666/mo rent. Return on cash invested shows 21.61% in year one, and 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 111.29% and total cumulative return in cash records $219,652. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,666/mo property income covering a $2,936/mo payment rather than investor’s personal income.
Single Family
Built in 1986
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82842, Story, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 700 (100%) |
| Owner Occupied HU | 376 (53.7%) |
| Renter Occupied HU | 62 ( 8.9%) |
| Vacant Housing Units | 262 (37.4%) |
| Median Home Value | $511,628 |
| Average Home Value | $834,900 |
Housing Distribution
Address Breakdown
Residential
9
Single Family
9
Multi-Family
0
Businesses
43
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Listed by: Kendel JR Moore • 307 Real Estate
Mls Name: Sheridan County BOR
Mls Provider:
Mls ID: #25-527
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.