243 S 1st StWinneconneWI54986
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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 Winneconne at 243 S 1st St, Winneconne, WI, 54986 offers a 6.35% rental yield on a $315,000 purchase with $1,666/mo rent. 76% in year one. Equity gained on principal adds $2,033/yr while 5% annual appreciation supports $87,029 over five years. Portfolio math shows five-year ROI at 75.91% and total cumulative return in cash at $79,265. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,666/mo property income against a $1,542/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54986, Winneconne, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,693 (100%) |
| Owner Occupied HU | 1,844 (68.5%) |
| Renter Occupied HU | 387 (14.4%) |
| Vacant Housing Units | 462 (17.2%) |
| Median Home Value | $366,442 |
| Average Home Value | $417,173 |
Housing Distribution
Address Breakdown
Residential
2,318
Single Family
2,183
Multi-Family
135
Businesses
132
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Listed by: Jody J Boelter • Homestead Realty, Inc.
Mls Name: RANW
Mls ID: #50314885