309 Pearl StBalsam LakeWI54810
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Balsam Lake at 309 Pearl St, Balsam Lake, WI, 54810 priced at $169,900 converts $1,620/mo rent into $479/mo cash flow after a $832/mo obligation. Total monthly income equals $1,620/mo, and annual cash flow totals $5,752/yr on $56,322 invested. Return on cash invested prints 30.12% in year one, and rental yield reads 11.44% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 158.35% and total cumulative return in cash sums $89,186. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,620/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1903
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54810, Balsam Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,963 (100%) |
| Owner Occupied HU | 902 (46.0%) |
| Renter Occupied HU | 183 ( 9.3%) |
| Vacant Housing Units | 878 (44.7%) |
| Median Home Value | $355,263 |
| Average Home Value | $406,915 |
Housing Distribution
Address Breakdown
Residential
1,353
Single Family
1,326
Multi-Family
27
Businesses
83
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jolene M. Kammerud • Outdoors Realty
Mls Name: NorthStar MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6611857
Disclaimer: Based on information submitted to the MLS GRID as of 2024-10-14 12:01:32 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_28) By searching Northstar MLS listings you agree to the [Northstar MLS End User License Agreement](https://static1.squarespace.com/static/56c4eea9d51cd483819dae7b/t/56cbe7e32fe13151e10e6b3d/1456203748061/EULA.pdf)