24 Bancroft 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 24 Bancroft Drive, Richland Center, WI, 53581 offers $802/mo rent that, after a $5,873/mo payment. Total monthly income is $802/mo. Return on cash invested measures -2.01% in year one, and rental yield stands at 0.8% at a $1,200,000 entry. Equity gained on principal adds $7,743/yr while 5% annual appreciation compounds into $331,538 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $802/mo property income versus a $5,873/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in N/A
6.14 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Vikki Triggs • Cold Water Realty
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1991155
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.