2647 Morrison Ranch Rd LOT 12SheridanWY82801
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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 2647 Morrison Ranch Rd LOT 12, Sheridan, WY, 82801 listed at $113,900 pairs $862/mo rent with a $557/mo payment to leave $215/mo cash flow. Total monthly income runs $862/mo, and annual cash flow reaches $2,578/yr on $37,758 cash to close. Return on cash invested measures 26.74% in year one, and rental yield registers 9.08% at a $113,900 basis. Equity gained on principal adds $735/yr, and annual property appreciation at 5% supports $31,468 by year five. Five-year ROI tracks 138.79% and total cumulative return in cash totals $52,404. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $862/mo property income relative to a $557/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
9,380 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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Listed by: Team Westkott LLC • Concept Z Home & Property
Mls Name: Sheridan County BOR
Mls Provider:
Mls ID: #20-792
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.