1635 Kern Avenue #1-11, Rice Lake, WI, 54868 | Equity Gain $6,775/yr

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,200/mo, and a $5,139/mo payment. Purchase price stands at $1,050,000, and rental yield measures 1.37% with $1,200/mo rent. Return on cash invested shows -0.25% in year one, and 5% annual appreciation builds toward $290,096 over five years. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,200/mo property income covering a $5,139/mo payment rather than investor’s personal income.

Multi Family

Built in 1996

1.43 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 54868, Rice Lake, WI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,937 (100%)
Owner Occupied HU	4,889 (61.6%)
Renter Occupied HU	2,225 (28.0%)
Vacant Housing Units	823 (10.4%)
Median Home Value	$248,556
Average Home Value	$301,125