1603 S White Ash Ln #ABalsam LakeWI54810
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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
Rental property for sale in Balsam Lake at 1603 S White Ash Ln #A, Balsam Lake, WI, 54810 generates $1,999/mo in rent, after a $2,031/mo payment. Total monthly income is $1,999/mo. Return on cash invested sits at 13.05% in year one, and rental yield is 5.78% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 66.79% and total cumulative return in cash sums $91,881. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,999/mo property income rather than buyer’s personal income.
Single Family
Built in 1991
1.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54810, Balsam Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,963 (100%) |
| Owner Occupied HU | 902 (46.0%) |
| Renter Occupied HU | 183 ( 9.3%) |
| Vacant Housing Units | 878 (44.7%) |
| Median Home Value | $355,263 |
| Average Home Value | $406,915 |
Housing Distribution
Address Breakdown
Residential
1,353
Single Family
1,326
Multi-Family
27
Businesses
83
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Listed by: Michael J. LaBelle • LaBelle Real Estate Group Inc
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6755151