1202 PROSPECT AVENUEWausauWI54403
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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 Wausau at 1202 PROSPECT AVENUE, Wausau, WI, 54403 offers $1,158/mo rent that, after a $587/mo payment, leaves $334/mo cash flow. Total monthly income is $1,158/mo, and annual cash flow is $4,008/yr on $39,747 cash. Return on cash invested measures 29.99% in year one, and rental yield stands at 11.59% at a $119,900 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,126 by year five. Five-year ROI records 157.81% and total cumulative return in cash reaches $62,724. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,158/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1940
3,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54403, Wausau, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,199 (100%) |
| Owner Occupied HU | 6,942 (62.0%) |
| Renter Occupied HU | 3,576 (31.9%) |
| Vacant Housing Units | 681 ( 6.1%) |
| Median Home Value | $239,973 |
| Average Home Value | $298,057 |
Housing Distribution
Address Breakdown
Residential
10,829
Single Family
9,398
Multi-Family
1,431
Businesses
627
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Listed by: RISE REAL ESTATE TEAM • JONES REAL ESTATE GROUP
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #22501462
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.