435 Mitchell St UNIT E9LaramieWY82072
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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 435 Mitchell St UNIT E9, Laramie, WY, 82072 offers a 10.13% rental yield on a $220,000 purchase with $1,858/mo rent. Total monthly income registers $1,858/mo, and a $1,077/mo payment leaves $607/mo available for distribution. Annual cash flow reaches $7,282/yr on $72,930 to close, and return on cash invested stands at 29.89% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 155.72% and total cumulative return in cash at $113,567. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,858/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2005
2,613 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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