220 W 6th StLingleWY82223
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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 Lingle at 220 W 6th St, Lingle, WY, 82223 generates $1,372/mo in rent and, after a $905/mo payment, leaves $321/mo in cash flow. Total monthly income is $1,372/mo, and annual cash flow is $3,846/yr on $61,328 invested. Return on cash invested sits at 26.18% in year one, and rental yield is 8.9% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 135.84% and total cumulative return in cash sums $83,307. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,372/mo property income rather than buyer’s personal income.
Single Family
Built in 1909
0.48 Acres lot
$N/A/sqft
No HOA
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Listed by: Michele Larson • Coldwell Banker, The Property Exchange
Mls Name: Cheyenne BOR
Mls Provider:
Mls ID: #93148
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 2024 Cheyenne MLS