2403 Helen AveCheyenneWY82007
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 2403 Helen Ave, Cheyenne, WY, 82007 in Cheyenne is narrow, $87/mo net on $2,016/mo rent after the $1,515/mo debt service, but the property operates at break-even-plus, not a loss. At $337,000 with a 7.18% yield, the long-run equity case via 5% appreciation ($93,107 over five years) and $3,104/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.33 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $133,534.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.2% |
| Monthly Cash Flow | $87 | $1,250 |
City averages based on Cheyenne market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,016 |
| Total Monthly Debt Service | $1,782 |
| DSCR Ratio | 1.13x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2021
6,969 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
Nearby investment properties with comparable prices
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
Single Family
Built in 2021
6,969 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
Nearby investment properties with comparable prices