114 E 6th StNew RichmondWI54017
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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 New Richmond at 114 E 6th St, New Richmond, WI, 54017 earns from $2,245/mo rent with a $2,374/mo payment. Total monthly income totals $2,245/mo. ROI tracks 12.37% on current figures, and rental yield reads 5.55% at a $485,000 purchase. Equity gained on principal adds $3,130/yr, and 5% annual appreciation supports $133,997 over five years. Five-year ROI reaches 63.09% and total cumulative return in cash sums $101,438. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,245/mo property income instead of your personal income.
Single Family
Built in 1891
0.52 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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Listed by: Lori S. Bernard • Century 21 Affiliated*
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6759906