3515 Dillon AveCheyenneWY82001
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.15% yield at 3515 Dillon Ave, Cheyenne, WY, 82001 in Cheyenne is solid, but the $2,059/mo payment compresses net cash flow to $125/mo at $458,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $126,537 by year five, and $4,218/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.33) without U.S. income documentation. Total projected return: $180,755.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.2% |
| Monthly Cash Flow | $125 | $1,250 |
City averages based on Cheyenne market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,729 |
| Total Monthly Debt Service | $2,422 |
| 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 1946
4,914 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
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 1946
4,914 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices