2355 Lake RoadAltoonaWI54720
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
Investment property for sale in Altoona at 2355 Lake Road, Altoona, WI, 54720 with 5% annual appreciation on a $266,900 basis while $2,093/mo rent supports operations. Total monthly income totals $2,093/mo and a $1,306/mo payment preserves $197/mo for cash returns. Annual cash flow comes to $2,366/yr on $88,477 deployed, and return on cash invested reaches 22.58% in year one. Equity gained on principal adds $1,722/yr, and five-year appreciation sums $73,740 alongside rental yield of 9.41%. Five-year ROI measures 118.43% and total cumulative return in cash totals $104,784.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,093/mo property income versus a $1,306/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
1,306 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Wanda Johnson • CB Brenizer/Eau Claire
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1582608
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.