216 East Fond du Lac StreetRiponWI54971
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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
Rental property for sale in Ripon at 216 East Fond du Lac Street, Ripon, WI, 54971 offers $1,614/mo rent that, after a $925/mo payment, leaves $346/mo cash flow. Total monthly income is $1,614/mo, and annual cash flow is $4,148/yr on $62,654 cash. Return on cash invested measures 26.53% in year one, and rental yield stands at 10.25% at a $189,000 entry. Equity gained on principal adds $1,220/yr while 5% annual appreciation compounds into $52,217 by year five. Five-year ROI records 139.03% and total cumulative return in cash reaches $87,106. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,614/mo property income versus a $925/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1923
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54971, Ripon, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,961 (100%) |
| Owner Occupied HU | 2,931 (59.1%) |
| Renter Occupied HU | 1,516 (30.6%) |
| Vacant Housing Units | 514 (10.4%) |
| Median Home Value | $264,464 |
| Average Home Value | $302,979 |
Housing Distribution
Address Breakdown
Residential
4,572
Single Family
4,001
Multi-Family
571
Businesses
337
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