602 Horseshoe RdBurnsWY82053
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 Burns at 602 Horseshoe Rd, Burns, WY, 82053 at $448,500 posts ROI 24.29% with $543/mo cash flow from $3,108/mo rent. Total monthly income equals $3,108/mo, and annual cash flow records $6,515/yr on $148,678 to close. Return on cash invested measures 24.29% and rental yield reads 8.32% at the current $448,500. Equity gained on principal adds $2,894/yr, and 5% annual appreciation supports $123,912 by year five. Five-year ROI prints 125.72% and total cumulative return in cash totals $186,915.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,108/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2024
10,875 sqft lot
$N/A/sqft
$180 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82053, Burns, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 621 (100%) |
| Owner Occupied HU | 469 (75.5%) |
| Renter Occupied HU | 96 (15.5%) |
| Vacant Housing Units | 56 ( 9.0%) |
| Median Home Value | $403,571 |
| Average Home Value | $512,553 |
Housing Distribution
Address Breakdown
Residential
441
Single Family
441
Multi-Family
0
Businesses
36
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Nearby investment properties with comparable prices
Listed by: Denise Moody • #1 Properties
Mls Name: Cheyenne BOR
Mls Provider:
Mls ID: #93914
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