223 3rd StreetBarronWI54812
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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 Barron at 223 3rd Street, Barron, WI, 54812 offers $1,050/mo rent that, after a $1,163/mo payment. Total monthly income is $1,050/mo. Return on cash invested measures 11.61% in year one, and rental yield stands at 5.3% at a $237,700 entry. Equity gained on principal adds $1,534/yr while 5% annual appreciation compounds into $65,672 by year five. Five-year ROI records 59.09% and total cumulative return in cash reaches $46,560. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,050/mo property income versus a $1,163/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54812, Barron, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,280 (100%) |
| Owner Occupied HU | 1,406 (61.7%) |
| Renter Occupied HU | 748 (32.8%) |
| Vacant Housing Units | 126 ( 5.5%) |
| Median Home Value | $191,833 |
| Average Home Value | $234,411 |
Housing Distribution
Address Breakdown
Residential
2,294
Single Family
2,190
Multi-Family
104
Businesses
213
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Listed by: Casey Watters • Real Estate Solutions
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1589719
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.