1250 East Orchard Beach Lane UNIT ARice 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
Rental property for sale in Rice Lake at 1250 East Orchard Beach Lane UNIT A, Rice Lake, WI, 54868 priced at $297,000 pairs $1,260/mo rent with after a $1,454/mo payment. Total monthly income equals $1,260/mo. Return on cash invested is 7.92% in year one, and rental yield stands at 5.09% on a $297,000 basis. Equity gained on principal adds $1,916/yr, and 5% annual appreciation accumulates to $82,056 by year five. Five-year ROI measures 40.37% and total cumulative return in cash reaches $39,750. For financing, Ziffy Mortgage’s DSCR program evaluates $1,260/mo property income against a $1,454/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2002
N/A lot
$N/A/sqft
$3,000 annually 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: Ray Van Gilder • Real Estate Solutions
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1587889
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.