204 Ridgewood CtPhillipsWI54555
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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 Phillips at 204 Ridgewood Ct, Phillips, WI, 54555 offers a 9.93% rental yield on a $255,000 purchase with $2,111/mo rent. Total monthly income registers $2,111/mo, and a $1,248/mo payment leaves $400/mo available for distribution. Annual cash flow reaches $4,797/yr on $84,533 to close, and return on cash invested stands at 25.58% in year one. Equity gained on principal adds $1,645/yr while 5% annual appreciation supports $70,452 over five years. Portfolio math shows five-year ROI at 133.96% and total cumulative return in cash at $113,240. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,111/mo property income against a $1,248/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1994
2.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54555, Phillips, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,009 (100%) |
| Owner Occupied HU | 1,793 (44.7%) |
| Renter Occupied HU | 520 (13.0%) |
| Vacant Housing Units | 1,696 (42.3%) |
| Median Home Value | $236,635 |
| Average Home Value | $264,614 |
Housing Distribution
Address Breakdown
Residential
2,433
Single Family
2,356
Multi-Family
77
Businesses
226
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