315 Polk Ave SFredericWI54837
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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 Frederic at 315 Polk Ave S, Frederic, WI, 54837 offers $1,519/mo rent that, after a $808/mo payment, leaves $411/mo cash flow. Total monthly income is $1,519/mo, and annual cash flow is $4,935/yr on $54,698 cash. Return on cash invested measures 28.93% in year one, and rental yield stands at 11.05% at a $165,000 entry. Equity gained on principal adds $1,065/yr while 5% annual appreciation compounds into $45,586 by year five. Five-year ROI records 151.97% and total cumulative return in cash reaches $83,123. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,519/mo property income versus a $808/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54837, Frederic, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,306 (100%) |
| Owner Occupied HU | 1,451 (62.9%) |
| Renter Occupied HU | 324 (14.1%) |
| Vacant Housing Units | 531 (23.0%) |
| Median Home Value | $260,132 |
| Average Home Value | $294,266 |
Housing Distribution
Address Breakdown
Residential
1,748
Single Family
1,632
Multi-Family
116
Businesses
110
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