613 E Flint StLaramieWY82072
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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 Laramie at 613 E Flint St, Laramie, WY, 82072 priced at $279,000 converts $1,941/mo rent into $354/mo cash flow after a $1,366/mo obligation. Total monthly income equals $1,941/mo, and annual cash flow totals $4,249/yr on $92,489 invested. Return on cash invested prints 24.5% in year one, and rental yield reads 8.35% against a $279,000 entry. Equity gained on principal adds $1,800/yr, while 5% annual appreciation compiles into $77,083 by year five. Five-year ROI reaches 126.86% and total cumulative return in cash sums $117,331. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,941/mo property income covering a $1,366/mo payment, not borrower’s personal income.
Single Family
Built in 1924
3,049 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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