3608 Dey AveCheyenneWY82001
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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
Rental property for sale in Cheyenne at 3608 Dey Ave, Cheyenne, WY, 82001 offers $3,196/mo rent that, after a $2,123/mo payment, leaves $730/mo cash flow. Total monthly income is $3,196/mo, and annual cash flow is $8,756/yr on $143,772 cash. Return on cash invested measures 26% in year one, and rental yield stands at 8.84% at a $433,700 entry. Equity gained on principal adds $2,799/yr while 5% annual appreciation compounds into $119,823 by year five. Five-year ROI records 134.84% and total cumulative return in cash reaches $193,860. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,196/mo property income versus a $2,123/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
6,098 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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