105 Prairie RdNew richmondWI54017
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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 New richmond at 105 Prairie Rd, New richmond, WI, 54017 offers $2,873/mo rent that, after a $1,713/mo payment, leaves $524/mo cash flow. Total monthly income is $2,873/mo, and annual cash flow is $6,291/yr on $116,008 cash. Return on cash invested measures 25.33% in year one, and rental yield stands at 9.85% at a $349,950 entry. Equity gained on principal adds $2,258/yr while 5% annual appreciation compounds into $96,685 by year five. Five-year ROI records 132.64% and total cumulative return in cash reaches $153,874. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,873/mo property income versus a $1,713/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2017
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54017, New Richmond, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,605 (100%) |
| Owner Occupied HU | 6,267 (72.8%) |
| Renter Occupied HU | 2,005 (23.3%) |
| Vacant Housing Units | 333 ( 3.9%) |
| Median Home Value | $371,747 |
| Average Home Value | $424,805 |
Housing Distribution
Address Breakdown
Residential
8,602
Single Family
8,124
Multi-Family
478
Businesses
513
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Nearby investment properties with comparable prices
Listed by: The Jason Gorman Real Estate Team • Keller Williams Premier Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6753654