165 South CHET KRAUSE DRIVE #185, Iola, WI, 54945 | Equity Gain $6,421/yr

For Sale

Rental Income

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

Investment property for sale in Iola at 165 South CHET KRAUSE DRIVE #185, Iola, WI, 54945 offers a 1.16% rental yield on a $995,000 purchase with $960/mo rent. 9% in year one. Equity gained on principal adds $6,421/yr while 5% annual appreciation supports $274,900 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $960/mo property income against a $4,870/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1965

2.68 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 54945, Iola, WI area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,990 (100%)
Owner Occupied HU	1,228 (61.7%)
Renter Occupied HU	277 (13.9%)
Vacant Housing Units	485 (24.4%)
Median Home Value	$269,737
Average Home Value	$303,451