489 Nb AveSheridanWY82801
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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 Sheridan at 489 Nb Ave, Sheridan, WY, 82801 offers $1,916/mo rent that, after a $1,615/mo payment, leaves $40/mo cash flow. Total monthly income is $1,916/mo, and annual cash flow is $477/yr on $109,395 cash. Return on cash invested measures 20.35% in year one, and rental yield stands at 6.97% at a $330,000 entry. Equity gained on principal adds $2,129/yr while 5% annual appreciation compounds into $91,173 by year five. Five-year ROI records 104.52% and total cumulative return in cash reaches $114,335. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,916/mo property income versus a $1,615/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
8,276 sqft lot
$N/A/sqft
No 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
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