2224 Papago 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
Investment property for sale in Sheridan at 2224 Papago Dr, Sheridan, WY, 82801 earns $420/mo cash flow from $2,382/mo rent with a $1,689/mo payment. Total monthly income totals $2,382/mo, and annual cash flow totals $5,038/yr on $114,368 capital. ROI tracks 24.31% on current figures, and rental yield reads 8.29% at a $345,000 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,317 over five years. Five-year ROI reaches 125.8% and total cumulative return in cash sums $143,872. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,382/mo property income instead of your personal income.
Single Family
Built in 1984
9,005 sqft lot
$N/A/sqft
No 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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