318 Frenette Drive #2Chippewa 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 318 Frenette Drive #2, Chippewa Falls, WI, 54729 generates $1,458/mo in rent and, after a $915/mo payment, leaves $203/mo in cash flow. Total monthly income is $1,458/mo, and annual cash flow is $2,442/yr on $61,957 invested. Return on cash invested sits at 23.85% in year one, and rental yield is 9.36% on a $186,900 entry. Equity gained on principal adds $1,206/yr, while 5% annual appreciation builds toward $51,637 over five years. Five-year ROI reaches 124.71% and total cumulative return in cash sums $77,267. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,458/mo property income rather than buyer’s personal income.
Condo
Built in 1997
N/A 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: Joe Haselwander • Joe Haselwander, Broker
Mls Name: WIREX MLS
Mls ID: #1592478