1604 Lake RoadAltoonaWI54720
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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 Altoona at 1604 Lake Road, Altoona, WI, 54720 generates $3,462/mo in rent, after a $3,793/mo payment. Total monthly income is $3,462/mo. Return on cash invested sits at 11.88% in year one, and rental yield is 5.36% on a $774,900 entry. Equity gained on principal adds $5,000/yr, while 5% annual appreciation builds toward $214,091 over five years. Five-year ROI reaches 60.43% and total cumulative return in cash sums $154,067. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,462/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.88 Acres 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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