2274 Places Lake RoadBarronettWI54813
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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 Barronett at 2274 Places Lake Road, Barronett, WI, 54813 priced at $649,900 converts $1,891/mo rent into after a $3,181/mo obligation. Total monthly income equals $1,891/mo. Return on cash invested prints 6.19% in year one, and rental yield reads 3.49% against a $649,900 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation compiles into $179,555 by year five. Five-year ROI reaches 29.97% and total cumulative return in cash sums $64,074. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,891/mo property income covering a $3,181/mo payment, not borrower’s personal income.
Single Family
Built in 2006
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54813, Barronett, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 452 (100%) |
| Owner Occupied HU | 291 (64.4%) |
| Renter Occupied HU | 29 ( 6.4%) |
| Vacant Housing Units | 132 (29.2%) |
| Median Home Value | $343,750 |
| Average Home Value | $401,710 |
Housing Distribution
Address Breakdown
Residential
238
Single Family
238
Multi-Family
0
Businesses
17
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Listed by: Brooke Damaske • Pine Point Real Estate LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1589888
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.