203 Reuter AvenueRice LakeWI54868
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Nearby investment properties with comparable prices
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 Rice Lake at 203 Reuter Avenue, Rice Lake, WI, 54868 with 5% annual appreciation on a $175,900 basis while $1,954/mo rent supports operations. Total monthly income totals $1,954/mo and a $861/mo payment preserves $773/mo for cash returns. Annual cash flow comes to $9,281/yr on $58,311 deployed, and return on cash invested reaches 35.83% in year one. Equity gained on principal adds $1,135/yr, and five-year appreciation sums $48,598 alongside rental yield of 13.33%. Five-year ROI measures 188.9% and total cumulative return in cash totals $110,149.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,954/mo property income versus a $861/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1930
7,884 sqft 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 |
Housing Distribution
Address Breakdown
Residential
7,298
Single Family
6,430
Multi-Family
868
Businesses
744
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