Piccard Rd LOT 29SheridanWY82801
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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 29, Sheridan, WY, 82801 uses $67,193 cash to close to unlock $2,344/yr annual cash flow and $195/mo monthly cash flow. Total monthly income runs $1,402/mo, and a $992/mo payment keeps the spread at $195/mo. Purchase price stands at $202,694, and rental yield measures 8.3% with $1,402/mo rent. Return on cash invested shows 23.4% in year one, and 5% annual appreciation builds toward $56,001 over five years. Five-year ROI reaches 121.28% and total cumulative return in cash records $81,494. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,402/mo property income covering a $992/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2.02 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: #24-801
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.