2622 7 1/4 Avenue UNIT 2ChetekWI54728
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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 Chetek at 2622 7 1/4 Avenue UNIT 2, Chetek, WI, 54728 earns $122/mo cash flow from $1,563/mo rent with a $978/mo payment. Total monthly income totals $1,563/mo, and annual cash flow totals $1,462/yr on $66,267 capital. ROI tracks 22.12% on current figures, and rental yield reads 9.38% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 116.02% and total cumulative return in cash sums $76,885. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,563/mo property income instead of your personal income.
Condo
Built in 1950
N/A lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54728, Chetek, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,728 (100%) |
| Owner Occupied HU | 2,221 (59.6%) |
| Renter Occupied HU | 494 (13.3%) |
| Vacant Housing Units | 1,013 (27.2%) |
| Median Home Value | $269,853 |
| Average Home Value | $300,989 |
Housing Distribution
Address Breakdown
Residential
2,906
Single Family
2,836
Multi-Family
70
Businesses
196
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Listed by: John Flor Team • Keller Williams Realty Diversified Chetek
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1588011
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.