1824-2 Parkland Drive #0602ArkdaleWI54613
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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
Investment property for sale in Arkdale at 1824-2 Parkland Drive #0602, Arkdale, WI, 54613 listed at $284,900 pairs $2,687/mo rent with a $1,394/mo payment to leave $175/mo cash flow. Total monthly income runs $2,687/mo, and annual cash flow reaches $2,105/yr on $94,444 cash to close. Return on cash invested measures 22.14% in year one, and rental yield registers 11.32% at a $284,900 basis. Equity gained on principal adds $1,838/yr, and annual property appreciation at 5% supports $78,713 by year five. Five-year ROI tracks 118.25% and total cumulative return in cash totals $111,683. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,687/mo property income relative to a $1,394/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2004
N/A lot
$N/A/sqft
$600 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54613, Arkdale, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,303 (100%) |
| Owner Occupied HU | 820 (35.6%) |
| Renter Occupied HU | 113 ( 4.9%) |
| Vacant Housing Units | 1,370 (59.5%) |
| Median Home Value | $242,667 |
| Average Home Value | $258,884 |
Housing Distribution
Address Breakdown
Residential
1,269
Single Family
1,218
Multi-Family
51
Businesses
31
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Listed by: Dolly Coughlin Parr • Coldwell Banker Belva Parr Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1998384
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