1508 Person StLaramieWY82070
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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 1508 Person St, Laramie, WY, 82070 generates $1,458/mo in rent and, after a $1,114/mo payment, leaves $165/mo in cash flow. Total monthly income is $1,458/mo, and annual cash flow is $1,979/yr on $75,416 invested. Return on cash invested sits at 22.53% in year one, and rental yield is 7.69% on a $227,500 entry. Equity gained on principal adds $1,468/yr, while 5% annual appreciation builds toward $62,854 over five years. Five-year ROI reaches 116.25% and total cumulative return in cash sums $87,674. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,458/mo property income rather than buyer’s personal income.
Multi Family
Built in 1969
3,887 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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