1022 Hwy M #8ChetekWI54728
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Chetek at 1022 Hwy M #8, Chetek, WI, 54728 generates $0/mo in rent, after a $881/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -6.4% in year one, and rental yield is 0% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Condo
Built in 1500
N/A lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54728, Chetek, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,728 (100%) |
| Owner Occupied HU | 2,221 (59.6%) |
| Renter Occupied HU | 494 (13.3%) |
| Vacant Housing Units | 1,013 (27.2%) |
| Median Home Value | $269,853 |
| Average Home Value | $300,989 |
Housing Distribution
Address Breakdown
Residential
2,906
Single Family
2,836
Multi-Family
70
Businesses
196
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Dave Strassman • Riverbend Realty Group, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1590411
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.