313 Summit AvenueChippewa FallsWI54729
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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
Rental property for sale in Chippewa Falls at 313 Summit Avenue, Chippewa Falls, WI, 54729 priced at $189,900 pairs $1,117/mo rent with after a $929/mo payment. Total monthly income equals $1,117/mo. Return on cash invested is 16.92% in year one, and rental yield stands at 7.06% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 87.56% and total cumulative return in cash reaches $55,121. For financing, Ziffy Mortgage’s DSCR program evaluates $1,117/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54729, Chippewa Falls, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,615 (100%) |
| Owner Occupied HU | 10,117 (64.8%) |
| Renter Occupied HU | 4,634 (29.7%) |
| Vacant Housing Units | 864 ( 5.5%) |
| Median Home Value | $292,344 |
| Average Home Value | $331,051 |
Housing Distribution
Address Breakdown
Residential
15,129
Single Family
14,304
Multi-Family
825
Businesses
1,096
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Listed by: Katrina Hake • RE/MAX Results Eau Claire
Mls Name: WIREX MLS
Mls ID: #1594019