316 Hoff STREETRandom LakeWI53075
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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 Random Lake at 316 Hoff STREET, Random Lake, WI, 53075 offers a 8.57% rental yield on a $310,000 purchase with $2,214/mo rent. Total monthly income registers $2,214/mo, and a $1,517/mo payment leaves $134/mo available for distribution. Annual cash flow reaches $1,606/yr on $102,765 to close, and return on cash invested stands at 21.47% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 111.91% and total cumulative return in cash at $115,003. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,214/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 53075, Random Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,409 (100%) |
| Owner Occupied HU | 1,024 (72.7%) |
| Renter Occupied HU | 274 (19.4%) |
| Vacant Housing Units | 111 ( 7.9%) |
| Median Home Value | $333,929 |
| Average Home Value | $387,290 |
Housing Distribution
Address Breakdown
Residential
1,389
Single Family
1,311
Multi-Family
78
Businesses
101
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Listed by: Kelly Killian • Pleasant View Realty, LLC
Mls Name: WIREX MLS
Mls ID: #1934473