2 Hewett StreetNeillsvilleWI54456
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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 Neillsville at 2 Hewett Street, Neillsville, WI, 54456 uses $43,062 cash to close to unlock $1,320/yr annual cash flow and $110/mo monthly cash flow. Total monthly income runs $982/mo, and a $636/mo payment keeps the spread at $110/mo. Purchase price stands at $129,900, and rental yield measures 9.07% with $982/mo rent. Return on cash invested shows 22.97% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 120.1% and total cumulative return in cash records $51,715. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $982/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54456, Neillsville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,086 (100%) |
| Owner Occupied HU | 1,960 (63.5%) |
| Renter Occupied HU | 581 (18.8%) |
| Vacant Housing Units | 545 (17.7%) |
| Median Home Value | $193,275 |
| Average Home Value | $260,367 |
Housing Distribution
Address Breakdown
Residential
2,804
Single Family
2,561
Multi-Family
243
Businesses
228
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Listed by: Courtney Kneifl • Luxe Realty
Mls Name: WIREX MLS
Mls ID: #1593203