228 Pine River StRedgraniteWI54970
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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 Redgranite at 228 Pine River St, Redgranite, WI, 54970 priced at $129,000 converts $862/mo rent into after a $631/mo obligation. Total monthly income equals $862/mo. Return on cash invested prints 19.81% in year one, and rental yield reads 8.02% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 103.04% and total cumulative return in cash sums $44,065. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $862/mo property income covering a $631/mo payment, not borrower’s personal income.
Single Family
Built in 1915
3,049 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54970, Redgranite, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,735 (100%) |
| Owner Occupied HU | 1,049 (60.5%) |
| Renter Occupied HU | 233 (13.4%) |
| Vacant Housing Units | 453 (26.1%) |
| Median Home Value | $189,139 |
| Average Home Value | $260,155 |
Housing Distribution
Address Breakdown
Residential
1,325
Single Family
1,227
Multi-Family
98
Businesses
61
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Listed by: Cara Larson • Coffee House Realty, LLC
Mls Name: RANW
Mls ID: #50319365