1108 Glades DriveAltoonaWI54720
Nearby investment properties with comparable rents
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 Altoona at 1108 Glades Drive, Altoona, WI, 54720 priced at $285,000 converts $2,796/mo rent into $733/mo cash flow after a $1,395/mo obligation. Total monthly income equals $2,796/mo, and annual cash flow totals $8,799/yr on $94,478 invested. Return on cash invested prints 29.22% in year one, and rental yield reads 11.77% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. Five-year ROI reaches 154.19% and total cumulative return in cash sums $145,674. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,796/mo property income covering a $1,395/mo payment, not borrower’s personal income.
Condo
Built in 1995
N/A lot
$N/A/sqft
$1,800 annually 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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