256 Middle Rd #205La PointeWI54850
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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 La Pointe at 256 Middle Rd #205, La Pointe, WI, 54850 listed at $219,000 pairs $1,540/mo rent with a $1,072/mo payment. Total monthly income runs $1,540/mo. Return on cash invested measures 18.84% in year one, and rental yield registers 8.44% at a $219,000 basis. Equity gained on principal adds $1,413/yr, and annual property appreciation at 5% supports $60,506 by year five. Five-year ROI tracks 98.64% and total cumulative return in cash totals $71,613. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,540/mo property income relative to a $1,072/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1990
N/A lot
$N/A/sqft
$405 quarterly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54850, La Pointe, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 840 (100%) |
| Owner Occupied HU | 168 (20.0%) |
| Renter Occupied HU | 28 ( 3.3%) |
| Vacant Housing Units | 644 (76.7%) |
| Median Home Value | $380,000 |
| Average Home Value | $478,452 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
42
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Nearby investment properties with comparable prices
Listed by: Sally North • eXp Realty, LLC- WI
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6118949
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.