116 West BUNDYRice LakeWI54868
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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 Rice Lake at 116 West BUNDY, Rice Lake, WI, 54868 uses $38,089 cash to close to unlock $4,617/yr annual cash flow and $385/mo monthly cash flow. Total monthly income runs $1,166/mo, and a $562/mo payment keeps the spread at $385/mo. Purchase price stands at $114,900, and rental yield measures 12.18% with $1,166/mo rent. Return on cash invested shows 32.03% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 168.68% and total cumulative return in cash records $64,250. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,166/mo property income covering a $562/mo payment rather than investor’s personal income.
Single Family
Built in 1920
4,181 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54868, Rice Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,937 (100%) |
| Owner Occupied HU | 4,889 (61.6%) |
| Renter Occupied HU | 2,225 (28.0%) |
| Vacant Housing Units | 823 (10.4%) |
| Median Home Value | $248,556 |
| Average Home Value | $301,125 |
Housing Distribution
Address Breakdown
Residential
7,298
Single Family
6,430
Multi-Family
868
Businesses
744
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Listed by: Scott Rohde • Associated Realty LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1586390
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.