2833 W College DrCheyenneWY82007
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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 Cheyenne at 2833 W College Dr, Cheyenne, WY, 82007 uses $132,269 cash to close to unlock $7,261/yr annual cash flow and $605/mo monthly cash flow. Total monthly income runs $2,874/mo, and a $1,953/mo payment keeps the spread at $605/mo. Purchase price stands at $399,000, and rental yield measures 8.64% with $2,874/mo rent. Return on cash invested shows 25.4% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 131.65% and total cumulative return in cash records $174,134. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,874/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.51 Acres 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
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