2410 LOVEWOOD DRIVEWisconsin RapidsWI54494
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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
Investment property for sale in Wisconsin Rapids at 2410 LOVEWOOD DRIVE, Wisconsin Rapids, WI, 54494 offers a 6.95% rental yield on a $299,900 purchase with $1,738/mo rent. 59% in year one. Equity gained on principal adds $1,935/yr while 5% annual appreciation supports $82,857 over five years. Portfolio math shows five-year ROI at 85.78% and total cumulative return in cash at $85,276. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,738/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54494, Wisconsin Rapids, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,906 (100%) |
| Owner Occupied HU | 9,146 (70.9%) |
| Renter Occupied HU | 2,982 (23.1%) |
| Vacant Housing Units | 778 ( 6.0%) |
| Median Home Value | $227,291 |
| Average Home Value | $257,662 |
Housing Distribution
Address Breakdown
Residential
12,386
Single Family
11,949
Multi-Family
437
Businesses
679
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Listed by: TONYA OLSON • NEXTHOME PARTNERS
Mls Name: WIREX MLS
Mls ID: #22503599