2861 REDDIN ROADWisconsin RapidsWI54495
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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 2861 REDDIN ROAD, Wisconsin Rapids, WI, 54495 uses $59,670 cash to close to unlock $3,024/yr annual cash flow and $252/mo monthly cash flow. Total monthly income runs $1,460/mo, and a $881/mo payment keeps the spread at $252/mo. Purchase price stands at $180,000, and rental yield measures 9.73% with $1,460/mo rent. Return on cash invested shows 24.98% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 130.69% and total cumulative return in cash records $77,981. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,460/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1946
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54495, Wisconsin Rapids, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,575 (100%) |
| Owner Occupied HU | 2,012 (56.3%) |
| Renter Occupied HU | 1,256 (35.1%) |
| Vacant Housing Units | 307 ( 8.6%) |
| Median Home Value | $192,323 |
| Average Home Value | $286,453 |
Housing Distribution
Address Breakdown
Residential
3,517
Single Family
3,163
Multi-Family
354
Businesses
405
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Listed by: MELISSA PRUSAK • EQUITY WISCONSIN REAL ESTATE
Mls Name: WIREX MLS
Mls ID: #22600278