42 Ridge RdCentennialWY82055
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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 Centennial at 42 Ridge Rd, Centennial, WY, 82055 offers $2,389/mo rent that, after a $2,934/mo payment. Total monthly income is $2,389/mo. Return on cash invested measures 13.86% in year one, and rental yield stands at 4.78% at a $599,500 entry. Equity gained on principal adds $3,868/yr while 5% annual appreciation compounds into $165,631 by year five. Five-year ROI records 69.7% and total cumulative return in cash reaches $137,471. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,389/mo property income versus a $2,934/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
1.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82055, Centennial, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 358 (100%) |
| Owner Occupied HU | 115 (32.1%) |
| Renter Occupied HU | 50 (14.0%) |
| Vacant Housing Units | 193 (53.9%) |
| Median Home Value | $618,902 |
| Average Home Value | $663,717 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
30
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Listed by: Michael Welper • Mountain Valley Properties
Mls Name: Laramie BOR
Mls ID: #250508