2353 Lake RoadAltoonaWI54720
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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 Altoona at 2353 Lake Road, Altoona, WI, 54720 priced at $320,000 pairs $3,413/mo rent with $1,161/mo cash flow after a $1,566/mo payment. Total monthly income equals $3,413/mo, and annual cash flow comes to $13,928/yr on $106,080 invested. Return on cash invested is 33.04% in year one, and rental yield stands at 12.8% on a $320,000 basis. Equity gained on principal adds $2,065/yr, and 5% annual appreciation accumulates to $88,410 by year five. Five-year ROI measures 174.36% and total cumulative return in cash reaches $184,959. For financing, Ziffy Mortgage’s DSCR program evaluates $3,413/mo property income against a $1,566/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
1,742 sqft lot
$N/A/sqft
$1,260 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54720, Altoona, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,370 (100%) |
| Owner Occupied HU | 2,472 (56.6%) |
| Renter Occupied HU | 1,606 (36.8%) |
| Vacant Housing Units | 292 ( 6.7%) |
| Median Home Value | $274,377 |
| Average Home Value | $303,526 |
Housing Distribution
Address Breakdown
Residential
4,465
Single Family
4,026
Multi-Family
439
Businesses
336
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