1400 Redfield STREET #2La CrosseWI54601
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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 La Crosse at 1400 Redfield STREET #2, La Crosse, WI, 54601 offers a 10.89% rental yield on a $185,000 purchase with $1,679/mo rent. Total monthly income registers $1,679/mo, and a $905/mo payment leaves $438/mo available for distribution. Annual cash flow reaches $5,255/yr on $61,328 to close, and return on cash invested stands at 28.48% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 149.5% and total cumulative return in cash at $91,683. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,679/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54601, La Crosse, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 23,206 (100%) |
| Owner Occupied HU | 11,616 (50.1%) |
| Renter Occupied HU | 10,304 (44.4%) |
| Vacant Housing Units | 1,286 ( 5.5%) |
| Median Home Value | $271,768 |
| Average Home Value | $326,762 |
Housing Distribution
Address Breakdown
Residential
21,760
Single Family
17,099
Multi-Family
4,661
Businesses
1,313
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