1683 Vivio RdFlorenceWI54121
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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 Florence at 1683 Vivio Rd, Florence, WI, 54121 priced at $564,900 converts $3,023/mo rent into after a $2,765/mo obligation. Total monthly income equals $3,023/mo. Return on cash invested prints 15.1% in year one, and rental yield reads 6.42% against a $564,900 entry. Equity gained on principal adds $3,645/yr, while 5% annual appreciation compiles into $156,071 by year five. Five-year ROI reaches 77.71% and total cumulative return in cash sums $144,428. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,023/mo property income covering a $2,765/mo payment, not borrower’s personal income.
Single Family
Built in 1966
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54121, Florence, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,114 (100%) |
| Owner Occupied HU | 1,265 (40.6%) |
| Renter Occupied HU | 219 ( 7.0%) |
| Vacant Housing Units | 1,630 (52.3%) |
| Median Home Value | $209,012 |
| Average Home Value | $252,850 |
Housing Distribution
Address Breakdown
Residential
1,474
Single Family
1,429
Multi-Family
45
Businesses
129
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Listed by: NATALIA BROWN • COLDWELL BANKER REAL ESTATE GROUP
Mls Name: Upper Peninsula AOR
Mls Provider:
Mls ID: #50170585
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