221 17TH STREET NORTHWisconsin RapidsWI54494
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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 Wisconsin Rapids at 221 17TH STREET NORTH, Wisconsin Rapids, WI, 54494 generates $1,044/mo in rent and, after a $514/mo payment, leaves $339/mo in cash flow. Total monthly income is $1,044/mo, and annual cash flow is $4,071/yr on $34,808 invested. Return on cash invested sits at 31.6% in year one, and rental yield is 11.93% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 166.38% and total cumulative return in cash sums $57,914. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,044/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54494, Wisconsin Rapids, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,906 (100%) |
| Owner Occupied HU | 9,146 (70.9%) |
| Renter Occupied HU | 2,982 (23.1%) |
| Vacant Housing Units | 778 ( 6.0%) |
| Median Home Value | $227,291 |
| Average Home Value | $257,662 |
Housing Distribution
Address Breakdown
Residential
12,386
Single Family
11,949
Multi-Family
437
Businesses
679
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Listed by: THE STEVE LANE SALES TEAM • FIRST WEBER
Mls Name: WIREX MLS
Mls ID: #22505290