302 Elm AveLymanWY82937
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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 Lyman at 302 Elm Ave, Lyman, WY, 82937 priced at $265,000 pairs $1,296/mo rent with after a $1,297/mo payment. Total monthly income equals $1,296/mo. Return on cash invested is 16.98% in year one, and rental yield stands at 5.87% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 86.5% and total cumulative return in cash reaches $75,987. For financing, Ziffy Mortgage’s DSCR program evaluates $1,296/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2006
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82937, Lyman, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,436 (100%) |
| Owner Occupied HU | 1,067 (74.3%) |
| Renter Occupied HU | 237 (16.5%) |
| Vacant Housing Units | 132 ( 9.2%) |
| Median Home Value | $315,660 |
| Average Home Value | $328,793 |
Housing Distribution
Address Breakdown
Residential
393
Single Family
393
Multi-Family
0
Businesses
91
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Listed by: Holly Barnes • Cowboy State Realty
Mls Name: WYOMLS
Mls Provider:
Mls ID: #20254121
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.