1201 1/2 North Main StreetRichland CenterWI53581
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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 Richland Center at 1201 1/2 North Main Street, Richland Center, WI, 53581 uses $119,307 cash to close to unlock $1,802/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $2,566/mo, and a $1,762/mo payment keeps the spread at $150/mo. Purchase price stands at $359,900, and rental yield measures 8.56% with $2,566/mo rent. Return on cash invested shows 21.42% in year one, and 5% annual appreciation builds toward $99,434 over five years. Five-year ROI reaches 111.67% and total cumulative return in cash records $133,226. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,566/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 2024
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53581, Richland Center, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,715 (100%) |
| Owner Occupied HU | 2,813 (59.7%) |
| Renter Occupied HU | 1,232 (26.1%) |
| Vacant Housing Units | 670 (14.2%) |
| Median Home Value | $230,147 |
| Average Home Value | $318,127 |
Housing Distribution
Address Breakdown
Residential
4,347
Single Family
3,943
Multi-Family
404
Businesses
418
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Listed by: Pat Keegan • Driftless Area LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1990398
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.