667 Melody StBuffaloWY82834
INVESTMENT ANALYSIS
Investment Verdict
Income-Producing667 Melody St, Buffalo, WY, 82834 in Buffalo is a stable, well-positioned rental at $512,000. Rental yield 6.18%. DSCR 1.10 qualifies for Ziffy Mortgage's DSCR mortgage without U.S. income documentation. Over five years, 5% appreciation adds $141,456 in value and $4,716/yr in principal paydown builds equity, a total projected return of $168,907.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 6.2% | 6.8% |
| Monthly Cash Flow | $(276) | $1,250 |
City averages based on Buffalo market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,536 |
| Total Monthly Debt Service | $2,708 |
| DSCR Ratio | 0.94x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2024
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82834, Buffalo, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,085 (100%) |
| Owner Occupied HU | 2,590 (63.4%) |
| Renter Occupied HU | 885 (21.7%) |
| Vacant Housing Units | 610 (14.9%) |
| Median Home Value | $322,327 |
| Average Home Value | $376,024 |
Housing Distribution
Address Breakdown
Residential
3,490
Single Family
3,417
Multi-Family
73
Businesses
570
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
Single Family
Built in 2024
7,841 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82834, Buffalo, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,085 (100%) |
| Owner Occupied HU | 2,590 (63.4%) |
| Renter Occupied HU | 885 (21.7%) |
| Vacant Housing Units | 610 (14.9%) |
| Median Home Value | $322,327 |
| Average Home Value | $376,024 |
Housing Distribution
Address Breakdown
Residential
3,490
Single Family
3,417
Multi-Family
73
Businesses
570
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cindy Phillips • Coldwell Banker - The Legacy Group, Branch 1
Mls Name: Sheridan County BOR
Mls Provider:
Mls ID: #25-98
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