1408 Palmer DrLaramieWY82070
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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
Investment Highlights
Investment property for sale in Laramie at 1408 Palmer Dr, Laramie, WY, 82070 at $384,900 posts ROI 20.84% with $99/mo cash flow from $2,288/mo rent. Total monthly income equals $2,288/mo, and annual cash flow records $1,191/yr on $127,594 to close. Return on cash invested measures 20.84% and rental yield reads 7.13% at the current $384,900. Equity gained on principal adds $2,484/yr, and 5% annual appreciation supports $106,341 by year five. Five-year ROI prints 107.22% and total cumulative return in cash totals $136,803.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,288/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1962
6,534 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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Listed by: Ryan Andrews • RE/MAX Horizon Realty
Mls Name: WYOMLS
Mls Provider:
Mls ID: #20244538
Disclaimer: Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. The data relating to real estate on this web site comes in part from the Wyoming MLS Internet Data Exchange Program. Real estate listings held by brokerage firms other than the listing office named are marked with the Wyoming MLS IDX logo and detailed information about them includes the name of the listing broker. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.