316 INDEPENDENCE LANEWausauWI54403
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wausau at 316 INDEPENDENCE LANE, Wausau, WI, 54403 offers $3,490/mo rent that, after a $3,230/mo payment. Total monthly income is $3,490/mo. Return on cash invested measures 14.87% in year one, and rental yield stands at 6.35% at a $659,900 entry. Equity gained on principal adds $4,258/yr while 5% annual appreciation compounds into $182,318 by year five. Five-year ROI records 76.5% and total cumulative return in cash reaches $166,082. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,490/mo property income versus a $3,230/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2006
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54403, Wausau, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,199 (100%) |
| Owner Occupied HU | 6,942 (62.0%) |
| Renter Occupied HU | 3,576 (31.9%) |
| Vacant Housing Units | 681 ( 6.1%) |
| Median Home Value | $239,973 |
| Average Home Value | $298,057 |
Housing Distribution
Address Breakdown
Residential
10,829
Single Family
9,398
Multi-Family
1,431
Businesses
627
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