1012 Garfield AvenueAltoonaWI54720
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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 Altoona at 1012 Garfield Avenue, Altoona, WI, 54720 offers a 9.22% rental yield on a $285,000 purchase with $2,190/mo rent. Total monthly income registers $2,190/mo, and a $1,395/mo payment leaves $277/mo available for distribution. Annual cash flow reaches $3,327/yr on $94,478 to close, and return on cash invested stands at 23.43% in year one. Equity gained on principal adds $1,839/yr while 5% annual appreciation supports $78,740 over five years. Portfolio math shows five-year ROI at 122.45% and total cumulative return in cash at $115,686. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,190/mo property income against a $1,395/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
8,733 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54720, Altoona, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,370 (100%) |
| Owner Occupied HU | 2,472 (56.6%) |
| Renter Occupied HU | 1,606 (36.8%) |
| Vacant Housing Units | 292 ( 6.7%) |
| Median Home Value | $274,377 |
| Average Home Value | $303,526 |
Housing Distribution
Address Breakdown
Residential
4,465
Single Family
4,026
Multi-Family
439
Businesses
336
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