222 Park StreetNeillsvilleWI54456
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Neillsville at 222 Park Street, Neillsville, WI, 54456 offers a 9.04% rental yield on a $169,500 purchase with $1,277/mo rent. Total monthly income registers $1,277/mo, and a $830/mo payment leaves $139/mo available for distribution. Annual cash flow reaches $1,669/yr on $56,189 to close, and return on cash invested stands at 22.88% in year one. Equity gained on principal adds $1,094/yr while 5% annual appreciation supports $46,830 over five years. Portfolio math shows five-year ROI at 119.55% and total cumulative return in cash at $67,172. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,277/mo property income against a $830/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54456, Neillsville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,086 (100%) |
| Owner Occupied HU | 1,960 (63.5%) |
| Renter Occupied HU | 581 (18.8%) |
| Vacant Housing Units | 545 (17.7%) |
| Median Home Value | $193,275 |
| Average Home Value | $260,367 |
Housing Distribution
Address Breakdown
Residential
2,804
Single Family
2,561
Multi-Family
243
Businesses
228
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Devon Caneff • eXp Realty LLC
Mls Name: WIREX MLS
Mls ID: #1594518