1630 SMITH STREETWisconsin RapidsWI54494
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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 Wisconsin Rapids at 1630 SMITH STREET, Wisconsin Rapids, WI, 54494 priced at $142,900 converts $1,972/mo rent into $1,005/mo cash flow after a $699/mo obligation. Total monthly income equals $1,972/mo, and annual cash flow totals $12,059/yr on $47,371 invested. Return on cash invested prints 45.37% in year one, and rental yield reads 16.56% against a $142,900 entry. Equity gained on principal adds $922/yr, while 5% annual appreciation compiles into $39,481 by year five. Five-year ROI reaches 240.09% and total cumulative return in cash sums $113,733. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,972/mo property income covering a $699/mo payment, not borrower’s personal income.
Single Family
Built in 1948
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54494, Wisconsin Rapids, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,906 (100%) |
| Owner Occupied HU | 9,146 (70.9%) |
| Renter Occupied HU | 2,982 (23.1%) |
| Vacant Housing Units | 778 ( 6.0%) |
| Median Home Value | $227,291 |
| Average Home Value | $257,662 |
Housing Distribution
Address Breakdown
Residential
12,386
Single Family
11,949
Multi-Family
437
Businesses
679
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Listed by: John - Jr Siewert • COLDWELL BANKER- SIEWERT REALTORS
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #22400067
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