309 W Main StBalsam LakeWI54810
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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 Balsam Lake at 309 W Main St, Balsam Lake, WI, 54810 listed at $139,900 pairs $1,373/mo rent with a $685/mo payment to leave $434/mo cash flow. Total monthly income runs $1,373/mo, and annual cash flow reaches $5,206/yr on $46,377 cash to close. Return on cash invested measures 31.13% in year one, and rental yield registers 11.78% at a $139,900 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,652 by year five. Five-year ROI tracks 163.74% and total cumulative return in cash totals $75,939. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,373/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1940
9,583 sqft 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
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Listed by: David A. Dalton • Dalton Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6764431