4620 Shell Beach AveCheyenneWY82009
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
Investment Highlights
Investment property for sale in Cheyenne at 4620 Shell Beach Ave, Cheyenne, WY, 82009 offers a 8.49% rental yield on a $335,000 purchase with $2,371/mo rent. Total monthly income registers $2,371/mo, and a $1,640/mo payment leaves $466/mo available for distribution. Annual cash flow reaches $5,589/yr on $111,053 to close, and return on cash invested stands at 24.94% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 129.18% and total cumulative return in cash at $143,456. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,371/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
5,766 sqft lot
$N/A/sqft
No 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: Tammy Facemire • RE/MAX Capitol Properties
Mls Name: Cheyenne BOR
Mls Provider:
Mls ID: #94892
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed accurate by the Cheyenne MLS. Copyright 2024 Cheyenne MLS