115 Tonnar StreetRidgelandWI54763
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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
Rental property for sale in Ridgeland at 115 Tonnar Street, Ridgeland, WI, 54763 priced at $119,000 converts $0/mo rent into after a $582/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -4.37% in year one, and rental yield reads 0% against a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation compiles into $32,878 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $582/mo payment, not borrower’s personal income.
Single Family
Built in 1955
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54763, Ridgeland, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 530 (100%) |
| Owner Occupied HU | 389 (73.4%) |
| Renter Occupied HU | 85 (16.0%) |
| Vacant Housing Units | 56 (10.6%) |
| Median Home Value | $260,662 |
| Average Home Value | $290,212 |
Housing Distribution
Address Breakdown
Residential
364
Single Family
354
Multi-Family
10
Businesses
27
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Rodney Hanson • Westconsin Realty LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1587888
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