216 West 3rd StreetLadysmithWI54848
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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 Ladysmith at 216 West 3rd Street, Ladysmith, WI, 54848 with 5% annual appreciation on a $143,000 basis while $888/mo rent supports operations. 09% in year one. Equity gained on principal adds $923/yr, and five-year appreciation sums $39,508 alongside rental yield of 7.45%. Five-year ROI measures 93.87% and total cumulative return in cash totals $44,500. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $888/mo property income versus a $700/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1947
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54848, Ladysmith, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,179 (100%) |
| Owner Occupied HU | 1,863 (58.6%) |
| Renter Occupied HU | 812 (25.5%) |
| Vacant Housing Units | 504 (15.9%) |
| Median Home Value | $169,924 |
| Average Home Value | $222,166 |
Housing Distribution
Address Breakdown
Residential
2,703
Single Family
2,492
Multi-Family
211
Businesses
292
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