131 3rd St NWClear LakeWI54005
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderReliable and efficiently structured, 131 3rd St NW, Clear Lake, WI, 54005 in Clear Lake is a conservative rental investment at $234,900. Rental yield 7.17%. A 1.33 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $64,899; $2,163/yr in principal paydown supplements. Total projected return: $78,563.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 6.2% |
| Monthly Cash Flow | $(172) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,404 |
| Total Monthly Debt Service | $1,483 |
| DSCR Ratio | 0.95x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2000
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54005, Clear Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,347 (100%) |
| Owner Occupied HU | 986 (73.2%) |
| Renter Occupied HU | 266 (19.7%) |
| Vacant Housing Units | 95 ( 7.1%) |
| Median Home Value | $279,245 |
| Average Home Value | $317,391 |
Housing Distribution
Address Breakdown
Residential
1,249
Single Family
1,156
Multi-Family
93
Businesses
83
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 2000
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54005, Clear Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,347 (100%) |
| Owner Occupied HU | 986 (73.2%) |
| Renter Occupied HU | 266 (19.7%) |
| Vacant Housing Units | 95 ( 7.1%) |
| Median Home Value | $279,245 |
| Average Home Value | $317,391 |
Housing Distribution
Address Breakdown
Residential
1,249
Single Family
1,156
Multi-Family
93
Businesses
83
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices