219/239 2nd Ave NPark FallsWI54552
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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 Park Falls at 219/239 2nd Ave N, Park Falls, WI, 54552 offers a 4.54% rental yield on a $364,900 purchase with $1,380/mo rent. 31% in year one. Equity gained on principal adds $2,355/yr while 5% annual appreciation supports $100,815 over five years. Portfolio math shows five-year ROI at 46.69% and total cumulative return in cash at $56,484. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,380/mo property income against a $1,786/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54552, Park Falls, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,463 (100%) |
| Owner Occupied HU | 1,597 (46.1%) |
| Renter Occupied HU | 483 (13.9%) |
| Vacant Housing Units | 1,383 (39.9%) |
| Median Home Value | $168,412 |
| Average Home Value | $213,472 |
Housing Distribution
Address Breakdown
Residential
2,185
Single Family
2,016
Multi-Family
169
Businesses
179
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Listed by: CALA NEU • NORTHWOODS REALTY
Mls Name: GNMLS
Mls Provider:
Mls ID: #213686
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.