23741 Covered Bridge DriveRichland CenterWI53581








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 Richland Center at 23741 Covered Bridge Drive, Richland Center, WI, 53581 generates $1,917/mo in rent and, after a $1,317/mo payment, leaves $111/mo in cash flow. Total monthly income is $1,917/mo, and annual cash flow is $1,336/yr on $89,174 invested. Return on cash invested sits at 21.41% in year one, and rental yield is 8.55% on a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation builds toward $74,320 over five years. Five-year ROI reaches 111.6% and total cumulative return in cash sums $99,515. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,917/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
3.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53581, Richland Center, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,715 (100%) |
| Owner Occupied HU | 2,813 (59.7%) |
| Renter Occupied HU | 1,232 (26.1%) |
| Vacant Housing Units | 670 (14.2%) |
| Median Home Value | $230,147 |
| Average Home Value | $318,127 |
Housing Distribution
Address Breakdown
Residential
4,347
Single Family
3,943
Multi-Family
404
Businesses
418
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Nearby investment properties with comparable prices



Listed by: Robert Abramsky • Real Broker LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #2002504
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved








