1284 148th AvenueBalsam LakeWI54810
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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 Balsam Lake at 1284 148th Avenue, Balsam Lake, WI, 54810 earns $493/mo cash flow from $1,620/mo rent with a $822/mo payment. Total monthly income totals $1,620/mo, and annual cash flow totals $5,914/yr on $55,692 capital. ROI tracks 30.53% on current figures, and rental yield reads 11.57% at a $168,000 purchase. Equity gained on principal adds $1,084/yr, and 5% annual appreciation supports $46,415 over five years. Five-year ROI reaches 160.47% and total cumulative return in cash sums $89,369. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,620/mo property income instead of your personal income.
Single Family
Built in 2023
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54810, Balsam Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,963 (100%) |
| Owner Occupied HU | 902 (46.0%) |
| Renter Occupied HU | 183 ( 9.3%) |
| Vacant Housing Units | 878 (44.7%) |
| Median Home Value | $355,263 |
| Average Home Value | $406,915 |
Housing Distribution
Address Breakdown
Residential
1,353
Single Family
1,326
Multi-Family
27
Businesses
83
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Listed by: Mark Carlson • Edina Realty, Corp. - St Croix Falls
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1590795
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.