Piccard Rd LOT 22SheridanWY82801
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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 Sheridan at Piccard Rd LOT 22, Sheridan, WY, 82801 uses $62,096 cash to close to unlock $4,590/yr annual cash flow and $383/mo monthly cash flow. Total monthly income runs $1,502/mo, and a $917/mo payment keeps the spread at $383/mo. Purchase price stands at $187,319, and rental yield measures 9.62% with $1,502/mo rent. Return on cash invested shows 27.3% in year one, and 5% annual appreciation builds toward $51,753 over five years. Five-year ROI reaches 142.25% and total cumulative return in cash records $88,331. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,502/mo property income covering a $917/mo payment rather than investor’s personal income.
Single Family
Built in N/A
1.55 Acres lot
$N/A/sqft
$650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82801, Sheridan, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,042 (100%) |
| Owner Occupied HU | 7,966 (61.1%) |
| Renter Occupied HU | 3,969 (30.4%) |
| Vacant Housing Units | 1,107 ( 8.5%) |
| Median Home Value | $394,533 |
| Average Home Value | $476,765 |
Housing Distribution
Address Breakdown
Residential
12,127
Single Family
11,766
Multi-Family
361
Businesses
1,542
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Listed by: Ryan K Franklin • Coldwell Banker - The Legacy Group - Branch 2
Mls Name: Sheridan County BOR
Mls Provider:
Mls ID: #24-791
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.