303 N Lewis StRiver FallsWI54022
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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 River Falls at 303 N Lewis St, River Falls, WI, 54022 offers a 8.47% rental yield on a $234,900 purchase with $1,658/mo rent. Total monthly income registers $1,658/mo, and a $1,150/mo payment leaves $81/mo available for distribution. Annual cash flow reaches $975/yr on $77,869 to close, and return on cash invested stands at 21.16% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,899 over five years. Portfolio math shows five-year ROI at 110.29% and total cumulative return in cash at $85,881. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,658/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54022, River Falls, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,536 (100%) |
| Owner Occupied HU | 6,364 (66.7%) |
| Renter Occupied HU | 2,792 (29.3%) |
| Vacant Housing Units | 380 ( 4.0%) |
| Median Home Value | $383,846 |
| Average Home Value | $434,920 |
Housing Distribution
Address Breakdown
Residential
9,464
Single Family
8,236
Multi-Family
1,228
Businesses
573
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Listed by: Laurie Larsen • Property Executives Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6774026