23 HEWETT STREETNeillsvilleWI54456
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Neillsville at 23 HEWETT STREET, Neillsville, WI, 54456 generates $1,660/mo in rent and, after a $808/mo payment, leaves $552/mo in cash flow. Total monthly income is $1,660/mo, and annual cash flow is $6,627/yr on $54,698 invested. Return on cash invested sits at 32.02% in year one, and rental yield is 12.07% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 168.55% and total cumulative return in cash sums $92,195. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,660/mo property income rather than buyer’s personal income.
Single Family
Built in 1936
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54456, Neillsville, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,086 (100%) |
| Owner Occupied HU | 1,960 (63.5%) |
| Renter Occupied HU | 581 (18.8%) |
| Vacant Housing Units | 545 (17.7%) |
| Median Home Value | $193,275 |
| Average Home Value | $260,367 |
Housing Distribution
Address Breakdown
Residential
2,804
Single Family
2,561
Multi-Family
243
Businesses
228
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Listed by: TEAM JULIE & JAKE • NEXTHOME PARTNERS NEILLSVILLE
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #22403436