1417 South ERICKSON AVENUEMarshfieldWI54449
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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 Marshfield at 1417 South ERICKSON AVENUE, Marshfield, WI, 54449 uses $57,847 cash to close to unlock $1,824/yr annual cash flow and $152/mo monthly cash flow. Total monthly income runs $1,323/mo, and a $854/mo payment keeps the spread at $152/mo. Purchase price stands at $174,500, and rental yield measures 9.1% with $1,323/mo rent. Return on cash invested shows 23.06% in year one, and 5% annual appreciation builds toward $48,211 over five years. Five-year ROI reaches 120.41% and total cumulative return in cash records $69,654. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,323/mo property income covering a $854/mo payment rather than investor’s personal income.
Single Family
Built in 1953
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54449, Marshfield, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,740 (100%) |
| Owner Occupied HU | 7,907 (62.1%) |
| Renter Occupied HU | 3,927 (30.8%) |
| Vacant Housing Units | 906 ( 7.1%) |
| Median Home Value | $230,608 |
| Average Home Value | $280,385 |
Housing Distribution
Address Breakdown
Residential
12,374
Single Family
10,703
Multi-Family
1,671
Businesses
1,021
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Listed by: DUANE WEPFER • C21 DAIRYLAND REALTY NORTH
Mls Name: WIREX MLS
Mls ID: #22504207