2235 21st StRice LakeWI54868
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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 Rice Lake at 2235 21st St, Rice Lake, WI, 54868 generates $1,946/mo in rent, after a $1,491/mo payment. Total monthly income is $1,946/mo. Return on cash invested sits at 18.74% in year one, and rental yield is 7.67% on a $304,600 entry. Equity gained on principal adds $1,966/yr, while 5% annual appreciation builds toward $84,155 over five years. Five-year ROI reaches 97.28% and total cumulative return in cash sums $98,224. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,946/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54868, Rice Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,937 (100%) |
| Owner Occupied HU | 4,889 (61.6%) |
| Renter Occupied HU | 2,225 (28.0%) |
| Vacant Housing Units | 823 (10.4%) |
| Median Home Value | $248,556 |
| Average Home Value | $301,125 |
Housing Distribution
Address Breakdown
Residential
7,298
Single Family
6,430
Multi-Family
868
Businesses
744
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