1212 GRAND AVENUE Unit 21WausauWI54403
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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 Wausau at 1212 GRAND AVENUE Unit 21, Wausau, WI, 54403 offers a 11.04% rental yield on a $117,500 purchase with $1,081/mo rent. Total monthly income registers $1,081/mo, and a $575/mo payment leaves $293/mo available for distribution. Annual cash flow reaches $3,510/yr on $38,951 to close, and return on cash invested stands at 28.92% in year one. Equity gained on principal adds $758/yr while 5% annual appreciation supports $32,463 over five years. Portfolio math shows five-year ROI at 151.92% and total cumulative return in cash at $59,174. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,081/mo property income against a $575/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1982
1,742 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: Deb Hale • COLDWELL BANKER ACTION
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #22500415
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.