2403 Eagle Ridge DriveMenomonieWI54751
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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 Menomonie at 2403 Eagle Ridge Drive, Menomonie, WI, 54751 offers $1,080/mo rent that, after a $3,035/mo payment. Total monthly income is $1,080/mo. Return on cash invested measures 1.93% in year one, and rental yield stands at 2.09% at a $620,000 entry. Equity gained on principal adds $4,001/yr while 5% annual appreciation compounds into $171,295 by year five. Five-year ROI records 7.1% and total cumulative return in cash reaches $14,487. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,080/mo property income versus a $3,035/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2001
2.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54751, Menomonie, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,982 (100%) |
| Owner Occupied HU | 5,849 (53.3%) |
| Renter Occupied HU | 4,552 (41.4%) |
| Vacant Housing Units | 581 ( 5.3%) |
| Median Home Value | $255,265 |
| Average Home Value | $287,737 |
Housing Distribution
Address Breakdown
Residential
10,485
Single Family
9,587
Multi-Family
898
Businesses
789
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Listed by: Nicole Dorwin • CB Brenizer/Chippewa
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1584764
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.