592 Old Course Way #6SheridanWY82801
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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
Investment property for sale in Sheridan at 592 Old Course Way #6, Sheridan, WY, 82801 with 5% annual appreciation on a $155,000 basis while $1,206/mo rent supports operations. Total monthly income totals $1,206/mo and a $759/mo payment preserves $278/mo for cash returns. Annual cash flow comes to $3,337/yr on $51,383 deployed, and return on cash invested reaches 26.4% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,824 alongside rental yield of 9.34%. Five-year ROI measures 137.49% and total cumulative return in cash totals $70,648.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,206/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
5,790 sqft lot
$N/A/sqft
$500 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
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Listed by: Benton Johnson • Impact Properties, LLC
Mls Name: Sheridan County BOR
Mls Provider:
Mls ID: #24-1174
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.