313 N 3rd StreetCornellWI54732
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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 Cornell at 313 N 3rd Street, Cornell, WI, 54732 offers a 9.26% rental yield on a $163,500 purchase with $1,261/mo rent. Total monthly income registers $1,261/mo, and a $800/mo payment leaves $164/mo available for distribution. Annual cash flow reaches $1,968/yr on $54,200 to close, and return on cash invested stands at 23.54% in year one. Equity gained on principal adds $1,055/yr while 5% annual appreciation supports $45,172 over five years. Portfolio math shows five-year ROI at 122.98% and total cumulative return in cash at $66,656. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,261/mo property income against a $800/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54732, Cornell, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,348 (100%) |
| Owner Occupied HU | 899 (66.7%) |
| Renter Occupied HU | 249 (18.5%) |
| Vacant Housing Units | 200 (14.8%) |
| Median Home Value | $236,270 |
| Average Home Value | $262,186 |
Housing Distribution
Address Breakdown
Residential
1,069
Single Family
1,060
Multi-Family
9
Businesses
91
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Listed by: Miranda Hattamer • Elite Realty Group, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1585111
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.