2031 Richardson CourtLuckWI54853
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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 Luck at 2031 Richardson Court, Luck, WI, 54853 offers a 4.73% rental yield on a $510,000 purchase with $2,009/mo rent. 95% in year one. Equity gained on principal adds $3,291/yr while 5% annual appreciation supports $140,904 over five years. Portfolio math shows five-year ROI at 50.1% and total cumulative return in cash at $84,063. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,009/mo property income against a $2,496/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54853, Luck, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,710 (100%) |
| Owner Occupied HU | 1,337 (49.3%) |
| Renter Occupied HU | 310 (11.4%) |
| Vacant Housing Units | 1,063 (39.2%) |
| Median Home Value | $302,093 |
| Average Home Value | $355,064 |
Housing Distribution
Address Breakdown
Residential
1,817
Single Family
1,785
Multi-Family
32
Businesses
95
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Listed by: Justin Fowler • Coldwell Banker Realty Spooner
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1588055
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.