355 W University AveLaramieWY82072
Nearby investment properties with comparable rents
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
Rental property for sale in Laramie at 355 W University Ave, Laramie, WY, 82072 priced at $297,500 pairs $1,594/mo rent with after a $1,456/mo payment. Total monthly income equals $1,594/mo. Return on cash invested is 18.42% in year one, and rental yield stands at 6.43% on a $297,500 basis. Equity gained on principal adds $1,920/yr, and 5% annual appreciation accumulates to $82,194 by year five. Five-year ROI measures 94.32% and total cumulative return in cash reaches $93,019. For financing, Ziffy Mortgage’s DSCR program evaluates $1,594/mo property income against a $1,456/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1914
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82072, Laramie, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,158 (100%) |
| Owner Occupied HU | 2,951 (36.2%) |
| Renter Occupied HU | 4,386 (53.8%) |
| Vacant Housing Units | 821 (10.1%) |
| Median Home Value | $370,016 |
| Average Home Value | $379,794 |
Housing Distribution
Address Breakdown
Residential
7,488
Single Family
6,939
Multi-Family
549
Businesses
288
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