111 West Bridge StreetNew LisbonWI53950
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 New Lisbon at 111 West Bridge Street, New Lisbon, WI, 53950 offers $2,125/mo rent that, after a $1,101/mo payment, leaves $615/mo cash flow. Total monthly income is $2,125/mo, and annual cash flow is $7,383/yr on $74,588 cash. Return on cash invested measures 29.81% in year one, and rental yield stands at 11.33% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 156.63% and total cumulative return in cash reaches $116,829. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,125/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53950, New Lisbon, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,988 (100%) |
| Owner Occupied HU | 1,524 (51.0%) |
| Renter Occupied HU | 406 (13.6%) |
| Vacant Housing Units | 1,058 (35.4%) |
| Median Home Value | $234,333 |
| Average Home Value | $270,026 |
Housing Distribution
Address Breakdown
Residential
2,555
Single Family
2,507
Multi-Family
48
Businesses
114
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Listed by: Maggie Sitarz • Castle Rock Realty LLC
Mls Name: WIREX MLS
Mls ID: #2010467