1412 Devney DriveAltoonaWI54720
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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 Altoona at 1412 Devney Drive, Altoona, WI, 54720 uses $53,007 cash to close to unlock $5,550/yr annual cash flow and $463/mo monthly cash flow. Total monthly income runs $1,536/mo, and a $783/mo payment keeps the spread at $463/mo. Purchase price stands at $159,900, and rental yield measures 11.53% with $1,536/mo rent. Return on cash invested shows 30.38% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 159.73% and total cumulative return in cash records $84,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,536/mo property income covering a $783/mo payment rather than investor’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54720, Altoona, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,370 (100%) |
| Owner Occupied HU | 2,472 (56.6%) |
| Renter Occupied HU | 1,606 (36.8%) |
| Vacant Housing Units | 292 ( 6.7%) |
| Median Home Value | $274,377 |
| Average Home Value | $303,526 |
Housing Distribution
Address Breakdown
Residential
4,465
Single Family
4,026
Multi-Family
439
Businesses
336
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