45 Ridgeline RdLaramieWY82070
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 45 Ridgeline Rd, Laramie, WY, 82070 offers $1,186/mo rent that, after a $1,909/mo payment. Total monthly income is $1,186/mo. Return on cash invested measures 10.33% in year one, and rental yield stands at 3.65% at a $390,000 entry. Equity gained on principal adds $2,517/yr while 5% annual appreciation compounds into $107,750 by year five. Five-year ROI records 50.85% and total cumulative return in cash reaches $65,744. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,186/mo property income versus a $1,909/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 2013
44 Acres 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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