228 6th Ave SPark FallsWI54552
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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
Investment property for sale in Park Falls at 228 6th Ave S, Park Falls, WI, 54552 uses $40,277 cash to close to unlock $1,851/yr annual cash flow and $154/mo monthly cash flow. Total monthly income runs $970/mo, and a $595/mo payment keeps the spread at $154/mo. Purchase price stands at $121,500, and rental yield measures 9.58% with $970/mo rent. Return on cash invested shows 24.51% in year one, and 5% annual appreciation builds toward $33,568 over five years. Five-year ROI reaches 128.26% and total cumulative return in cash records $51,658. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $970/mo property income covering a $595/mo payment rather than investor’s personal income.
Single Family
Built in 1950
6,011 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54552, Park Falls, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,463 (100%) |
| Owner Occupied HU | 1,597 (46.1%) |
| Renter Occupied HU | 483 (13.9%) |
| Vacant Housing Units | 1,383 (39.9%) |
| Median Home Value | $168,412 |
| Average Home Value | $213,472 |
Housing Distribution
Address Breakdown
Residential
2,185
Single Family
2,016
Multi-Family
169
Businesses
179
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Listed by: ADAM SPEER • BIRCHLAND REALTY, INC. - PHILLIPS
Mls Name: GNMLS
Mls ID: #214964