2023 Skyview West DrSheridanWY82801
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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 Sheridan at 2023 Skyview West Dr, Sheridan, WY, 82801 generates $3,554/mo in rent and, after a $2,691/mo payment, leaves $287/mo in cash flow. Total monthly income is $3,554/mo, and annual cash flow is $3,448/yr on $180,917 invested. Return on cash invested sits at 21.97% in year one, and rental yield is 7.76% on a $549,900 entry. Equity gained on principal adds $3,548/yr, while 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 113.52% and total cumulative return in cash sums $205,370. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,554/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
4,013 sqft lot
$N/A/sqft
$100 monthly 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: The Bates Team • eXp Realty, LLC
Mls Name: Sheridan County BOR
Mls Provider:
Mls ID: #24-310
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.