809 Covered Wagon DrCheyenneWY82007
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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 Cheyenne at 809 Covered Wagon Dr, Cheyenne, WY, 82007 at $169,950 posts ROI 31.51% with $544/mo cash flow from $1,511/mo rent. Total monthly income equals $1,511/mo, and annual cash flow records $6,534/yr on $56,338 to close. Return on cash invested measures 31.51% and rental yield reads 10.67% at the current $169,950. Equity gained on principal adds $1,097/yr, and 5% annual appreciation supports $46,954 by year five. Five-year ROI prints 164.42% and total cumulative return in cash totals $92,633.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,511/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1981
8,394 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
No similar price properties found nearby.
Listed by: Lisa Somerville-Bennett • Coldwell Banker, The Property Exchange
Mls Name: Cheyenne BOR
Mls Provider:
Mls ID: #96499
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 2025 Cheyenne MLS