42 Shepards RdSheridanWY82801
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 42 Shepards Rd, Sheridan, WY, 82801 in Sheridan is capital appreciation. Rental yield 1.42%. The 1.42% gross yield at $1,925,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $531,842 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.26) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $158,072.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 1.4% | 6.8% |
| Monthly Cash Flow | $(8,833) | $1,200 |
City averages based on Sheridan market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,280 |
| Total Monthly Debt Service | $10,347 |
| DSCR Ratio | 0.22x |
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 N/A
40.40 Acres lot
$N/A/sqft
$2,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82801, Sheridan, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,042 (100%) |
| Owner Occupied HU | 7,966 (61.1%) |
| Renter Occupied HU | 3,969 (30.4%) |
| Vacant Housing Units | 1,107 ( 8.5%) |
| Median Home Value | $394,533 |
| Average Home Value | $476,765 |
Housing Distribution
Address Breakdown
Residential
12,127
Single Family
11,766
Multi-Family
361
Businesses
1,542
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 N/A
40.40 Acres lot
$N/A/sqft
$2,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82801, Sheridan, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,042 (100%) |
| Owner Occupied HU | 7,966 (61.1%) |
| Renter Occupied HU | 3,969 (30.4%) |
| Vacant Housing Units | 1,107 ( 8.5%) |
| Median Home Value | $394,533 |
| Average Home Value | $476,765 |
Housing Distribution
Address Breakdown
Residential
12,127
Single Family
11,766
Multi-Family
361
Businesses
1,542
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joe Steger • CENTURY 21 BHJ Realty, Inc.
Mls Name: Sheridan County BOR
Mls Provider:
Mls ID: #25-555
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.