245 Summit StIolaWI54945
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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 Iola at 245 Summit St, Iola, WI, 54945 with 5% annual appreciation on a $289,900 basis while $2,756/mo rent supports operations. Total monthly income totals $2,756/mo and a $1,419/mo payment preserves $810/mo for cash returns. Annual cash flow comes to $9,724/yr on $96,102 deployed, and return on cash invested reaches 30.03% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,094 alongside rental yield of 11.41%. Five-year ROI measures 157.82% and total cumulative return in cash totals $151,665.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,756/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54945, Iola, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,990 (100%) |
| Owner Occupied HU | 1,228 (61.7%) |
| Renter Occupied HU | 277 (13.9%) |
| Vacant Housing Units | 485 (24.4%) |
| Median Home Value | $269,737 |
| Average Home Value | $303,451 |
Housing Distribution
Address Breakdown
Residential
1,647
Single Family
1,515
Multi-Family
132
Businesses
82
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