1401 Kern AvenueRice 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
Investment property for sale in Rice Lake at 1401 Kern Avenue, Rice Lake, WI, 54868 listed at $274,900 pairs $2,014/mo rent with a $1,346/mo payment to leave $170/mo cash flow. Total monthly income runs $2,014/mo, and annual cash flow reaches $2,035/yr on $91,129 cash to close. Return on cash invested measures 22.14% in year one, and rental yield registers 8.79% at a $274,900 basis. Equity gained on principal adds $1,774/yr, and annual property appreciation at 5% supports $75,950 by year five. Five-year ROI tracks 115.5% and total cumulative return in cash totals $105,255. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,014/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.92 Acres lot
$N/A/sqft
No 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: Lacy Groth • CB Brenizer/Rice Lake
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1585000
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