612 Sunridge DrCheyenneWY82007
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 612 Sunridge Dr, Cheyenne, WY, 82007 priced at $230,000 converts $2,107/mo rent into $799/mo cash flow after a $1,126/mo obligation. Total monthly income equals $2,107/mo, and annual cash flow totals $9,587/yr on $76,245 invested. Return on cash invested prints 32.48% in year one, and rental yield reads 10.99% against a $230,000 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,545 by year five. Five-year ROI reaches 169.61% and total cumulative return in cash sums $129,319. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,107/mo property income covering a $1,126/mo payment, not borrower’s personal income.
Single Family
Built in 1998
9,583 sqft 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