370 W 8th Street N Unit A & BCheyenne WellsCO80810
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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 Wells at 370 W 8th Street N Unit A & B, Cheyenne Wells, CO, 80810 generates $0/mo in rent, after a $2,932/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -1.2% in year one, and rental yield is 0% on a $598,950 entry. Equity gained on principal adds $3,865/yr, while 5% annual appreciation builds toward $165,479 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Multi Family
Built in 2022
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 80810, Cheyenne Wells, CO area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 521 (100%) |
| Owner Occupied HU | 319 (61.2%) |
| Renter Occupied HU | 99 (19.0%) |
| Vacant Housing Units | 103 (19.8%) |
| Median Home Value | $301,429 |
| Average Home Value | $389,545 |
Housing Distribution
Address Breakdown
Residential
76
Single Family
59
Multi-Family
17
Businesses
90
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No similar rental properties found nearby.
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Listed by: Tyson Reents • Sunrise Land Company LLC
Mls Name: REcolorado
Mls ID: #4220282