2322 243rd AveCushingWI54006
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 Cushing at 2322 243rd Ave, Cushing, WI, 54006 generates $1,020/mo in rent, after a $2,638/mo payment. Total monthly income is $1,020/mo. Return on cash invested sits at 2.49% in year one, and rental yield is 2.27% on a $539,000 entry. Equity gained on principal adds $3,478/yr, while 5% annual appreciation builds toward $148,916 over five years. Five-year ROI reaches 10.06% and total cumulative return in cash sums $17,844. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,020/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
3.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54006, Cushing, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 554 (100%) |
| Owner Occupied HU | 451 (81.4%) |
| Renter Occupied HU | 51 ( 9.2%) |
| Vacant Housing Units | 52 ( 9.4%) |
| Median Home Value | $318,500 |
| Average Home Value | $376,414 |
Housing Distribution
Address Breakdown
Residential
352
Single Family
352
Multi-Family
0
Businesses
15
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Nearby investment properties with comparable prices
Listed by: Mike Hilber • RE/MAX Advantage Plus
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6756807
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