1802 Sheridan 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
Investment property for sale in Laramie at 1802 Sheridan St, Laramie, WY, 82070 listed at $524,524 pairs $3,334/mo rent with a $2,567/mo payment to leave $352/mo cash flow. Total monthly income runs $3,334/mo, and annual cash flow reaches $4,221/yr on $172,568 cash to close. Return on cash invested measures 22.51% in year one, and rental yield registers 7.63% at a $524,524 basis. Equity gained on principal adds $3,385/yr, and annual property appreciation at 5% supports $144,916 by year five. Five-year ROI tracks 116.07% and total cumulative return in cash totals $200,295. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,334/mo property income relative to a $2,567/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1954
9,147 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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