104 East Schneider StreetRice LakeWI54868
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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 Rice Lake at 104 East Schneider Street, Rice Lake, WI, 54868 with 5% annual appreciation on a $228,000 basis while $1,688/mo rent supports operations. Total monthly income totals $1,688/mo and a $1,116/mo payment preserves $158/mo for cash returns. Annual cash flow comes to $1,894/yr on $75,582 deployed, and return on cash invested reaches 22.41% in year one. Equity gained on principal adds $1,471/yr, and five-year appreciation sums $62,992 alongside rental yield of 8.88%. Five-year ROI measures 116.97% and total cumulative return in cash totals $88,407.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,688/mo property income versus a $1,116/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54868, Rice Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,937 (100%) |
| Owner Occupied HU | 4,889 (61.6%) |
| Renter Occupied HU | 2,225 (28.0%) |
| Vacant Housing Units | 823 (10.4%) |
| Median Home Value | $248,556 |
| Average Home Value | $301,125 |
Housing Distribution
Address Breakdown
Residential
7,298
Single Family
6,430
Multi-Family
868
Businesses
744
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