606 Cherry StCheyenneWY82007
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
Rental property for sale in Cheyenne at 606 Cherry St, Cheyenne, WY, 82007 priced at $570,000 converts $3,914/mo rent into $673/mo cash flow after a $2,790/mo obligation. Total monthly income equals $3,914/mo, and annual cash flow totals $8,073/yr on $187,530 invested. Return on cash invested prints 24.37% in year one, and rental yield reads 8.24% against a $570,000 entry. Equity gained on principal adds $3,678/yr, while 5% annual appreciation compiles into $157,480 by year five. Five-year ROI reaches 126.04% and total cumulative return in cash sums $236,365. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,914/mo property income covering a $2,790/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82007, Cheyenne, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,967 (100%) |
| Owner Occupied HU | 5,530 (55.5%) |
| Renter Occupied HU | 3,785 (38.0%) |
| Vacant Housing Units | 652 ( 6.5%) |
| Median Home Value | $278,983 |
| Average Home Value | $318,095 |
Housing Distribution
Address Breakdown
Residential
9,538
Single Family
9,282
Multi-Family
256
Businesses
502
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices