1113 Larry AvenueWisconsin RapidsWI54494
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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 Wisconsin Rapids at 1113 Larry Avenue, Wisconsin Rapids, WI, 54494 listed at $450,000 pairs $3,306/mo rent with a $2,203/mo payment to leave $286/mo cash flow. Total monthly income runs $3,306/mo, and annual cash flow reaches $3,426/yr on $149,175 cash to close. Return on cash invested measures 22.21% in year one, and rental yield registers 8.82% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 115.85% and total cumulative return in cash totals $172,818. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,306/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1992
1.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54494, Wisconsin Rapids, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,906 (100%) |
| Owner Occupied HU | 9,146 (70.9%) |
| Renter Occupied HU | 2,982 (23.1%) |
| Vacant Housing Units | 778 ( 6.0%) |
| Median Home Value | $227,291 |
| Average Home Value | $257,662 |
Housing Distribution
Address Breakdown
Residential
12,386
Single Family
11,949
Multi-Family
437
Businesses
679
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Listed by: Cheryl Bournoville • Coldwell Banker Advantage LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1983936
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.