1203 E Park AveLaramieWY82070
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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
Rental property for sale in Laramie at 1203 E Park Ave, Laramie, WY, 82070 generates $4,117/mo in rent and, after a $3,421/mo payment, leaves $143/mo in cash flow. Total monthly income is $4,117/mo, and annual cash flow is $1,711/yr on $229,971 invested. Return on cash invested sits at 20.8% in year one, and rental yield is 7.07% on a $699,000 entry. Equity gained on principal adds $4,511/yr, while 5% annual appreciation builds toward $193,121 over five years. Five-year ROI reaches 106.94% and total cumulative return in cash sums $245,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,117/mo property income rather than buyer’s personal income.
Single Family
Built in 1937
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82070, Laramie, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,954 (100%) |
| Owner Occupied HU | 4,484 (45.0%) |
| Renter Occupied HU | 4,264 (42.8%) |
| Vacant Housing Units | 1,206 (12.1%) |
| Median Home Value | $365,125 |
| Average Home Value | $400,393 |
Housing Distribution
Address Breakdown
Residential
9,152
Single Family
8,788
Multi-Family
364
Businesses
766
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