321 E 18th StCheyenneWY82001
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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 321 E 18th St, Cheyenne, WY, 82001 uses $122,169 cash to close to unlock $31,269/yr annual cash flow and $2,606/mo monthly cash flow. Total monthly income runs $4,739/mo, and a $1,804/mo payment keeps the spread at $2,606/mo. Purchase price stands at $368,533, and rental yield measures 15.43% with $4,739/mo rent. Return on cash invested shows 45.5% in year one, and 5% annual appreciation builds toward $101,819 over five years. Five-year ROI reaches 239.57% and total cumulative return in cash records $292,680. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,739/mo property income covering a $1,804/mo payment rather than investor’s personal income.
Apartment
Built in 1916
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82001, Cheyenne, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,987 (100%) |
| Owner Occupied HU | 9,630 (53.5%) |
| Renter Occupied HU | 7,056 (39.2%) |
| Vacant Housing Units | 1,301 ( 7.2%) |
| Median Home Value | $341,400 |
| Average Home Value | $394,309 |
Housing Distribution
Address Breakdown
Residential
17,002
Single Family
16,037
Multi-Family
965
Businesses
1,513
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