1416 21ST AVENUE SOUTHWisconsin RapidsWI54495
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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
Total monthly income runs $915/mo, and a $562/mo payment. Purchase price stands at $114,900, and rental yield measures 9.56% with $915/mo rent. Return on cash invested shows 19.1% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 101.2% and total cumulative return in cash records $38,546. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $915/mo property income covering a $562/mo payment rather than investor’s personal income.
Condo
Built in 1970
4,356 sqft lot
$N/A/sqft
$170 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54495, Wisconsin Rapids, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,575 (100%) |
| Owner Occupied HU | 2,012 (56.3%) |
| Renter Occupied HU | 1,256 (35.1%) |
| Vacant Housing Units | 307 ( 8.6%) |
| Median Home Value | $192,323 |
| Average Home Value | $286,453 |
Housing Distribution
Address Breakdown
Residential
3,517
Single Family
3,163
Multi-Family
354
Businesses
405
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Listed by: TIMOTHY O'CONNOR • NEXTHOME PARTNERS
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #22502112
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved