Spring Creek RdCheyenneWY82009
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayGlobal investors willing to prioritise equity over near-term yield will find Spring Creek Rd, Cheyenne, WY, 82009 in Cheyenne worth study. Rental yield 4.56%. The 4.56% gross yield is below cash-flow benchmarks at $524,900, but 5% annual appreciation, adding $145,020 over five years, frames this as a capital growth position. Rent of $1,997/mo partially offsets the $2,360/mo payment. Ziffy Mortgage finances appreciation-play properties (0.85 DSCR) for non-U.S. residents without domestic income documentation; a 30–35% down payment maximises coverage. Total projected return: $134,011.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.6% | 6.2% |
| Monthly Cash Flow | $(993) | $1,250 |
City averages based on Cheyenne market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,997 |
| Total Monthly Debt Service | $2,781 |
| DSCR Ratio | 0.72x |
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 2025
4.64 Acres lot
$N/A/sqft
$66 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82009, Cheyenne, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,767 (100%) |
| Owner Occupied HU | 11,923 (75.6%) |
| Renter Occupied HU | 3,125 (19.8%) |
| Vacant Housing Units | 719 ( 4.6%) |
| Median Home Value | $461,931 |
| Average Home Value | $495,967 |
Housing Distribution
Address Breakdown
Residential
16,174
Single Family
15,384
Multi-Family
790
Businesses
718
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 2025
4.64 Acres lot
$N/A/sqft
$66 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82009, Cheyenne, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,767 (100%) |
| Owner Occupied HU | 11,923 (75.6%) |
| Renter Occupied HU | 3,125 (19.8%) |
| Vacant Housing Units | 719 ( 4.6%) |
| Median Home Value | $461,931 |
| Average Home Value | $495,967 |
Housing Distribution
Address Breakdown
Residential
16,174
Single Family
15,384
Multi-Family
790
Businesses
718
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sasha Bannister • eXp Realty, LLC
Mls Name: Cheyenne BOR
Mls Provider:
Mls ID: #97992
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