2202 Draper RdCheyenneWY82007
Nearby investment properties with comparable rents
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 2202 Draper Rd, Cheyenne, WY, 82007 generates $1,558/mo in rent and, after a $978/mo payment, leaves $422/mo in cash flow. Total monthly income is $1,558/mo, and annual cash flow is $5,061/yr on $66,267 invested. Return on cash invested sits at 27.55% in year one, and rental yield is 9.35% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 143.15% and total cumulative return in cash sums $94,861. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,558/mo property income rather than buyer’s personal income.
Single Family
Built in 1974
7,840 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