3915 Edison AveCheyenneWY82009
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 4.8% gross rental yield, 3915 Edison Ave, Cheyenne, WY, 82009 in Cheyenne is priced for capital growth, not immediate cash flow. The $610,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $168,532 by year five, with $5,618/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.91) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $164,872.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 6.2% |
| Monthly Cash Flow | $(1,079) | $1,250 |
City averages based on Cheyenne market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,504 |
| Total Monthly Debt Service | $3,276 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 2017
7,018 sqft lot
$N/A/sqft
$368 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82009, Cheyenne, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,767 (100%) |
| Owner Occupied HU | 11,923 (75.6%) |
| Renter Occupied HU | 3,125 (19.8%) |
| Vacant Housing Units | 719 ( 4.6%) |
| Median Home Value | $461,931 |
| Average Home Value | $495,967 |
Housing Distribution
Address Breakdown
Residential
16,174
Single Family
15,384
Multi-Family
790
Businesses
718
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 2017
7,018 sqft lot
$N/A/sqft
$368 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82009, Cheyenne, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,767 (100%) |
| Owner Occupied HU | 11,923 (75.6%) |
| Renter Occupied HU | 3,125 (19.8%) |
| Vacant Housing Units | 719 ( 4.6%) |
| Median Home Value | $461,931 |
| Average Home Value | $495,967 |
Housing Distribution
Address Breakdown
Residential
16,174
Single Family
15,384
Multi-Family
790
Businesses
718
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Robin Foreman • #1 Properties
Mls Name: Cheyenne BOR
Mls Provider:
Mls ID: #97284
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