1062 Metomen StreetRiponWI54971
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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 Ripon at 1062 Metomen Street, Ripon, WI, 54971 uses $81,881 cash to close to unlock $7,323/yr annual cash flow and $610/mo monthly cash flow. Total monthly income runs $2,268/mo, and a $1,209/mo payment keeps the spread at $610/mo. Purchase price stands at $247,000, and rental yield measures 11.02% with $2,268/mo rent. Return on cash invested shows 28.85% in year one, and 5% annual appreciation builds toward $68,242 over five years. Five-year ROI reaches 151.54% and total cumulative return in cash records $124,084. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,268/mo property income covering a $1,209/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54971, Ripon, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,961 (100%) |
| Owner Occupied HU | 2,931 (59.1%) |
| Renter Occupied HU | 1,516 (30.6%) |
| Vacant Housing Units | 514 (10.4%) |
| Median Home Value | $264,464 |
| Average Home Value | $302,979 |
Housing Distribution
Address Breakdown
Residential
4,572
Single Family
4,001
Multi-Family
571
Businesses
337
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