320 South 2nd StreetLuckWI54853
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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 Luck at 320 South 2nd Street, Luck, WI, 54853 priced at $200,000 pairs $1,642/mo rent with $300/mo cash flow after a $979/mo payment. Total monthly income equals $1,642/mo, and annual cash flow comes to $3,596/yr on $66,300 invested. Return on cash invested is 25.33% in year one, and rental yield stands at 9.85% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 132.63% and total cumulative return in cash reaches $87,932. For financing, Ziffy Mortgage’s DSCR program evaluates $1,642/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54853, Luck, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,710 (100%) |
| Owner Occupied HU | 1,337 (49.3%) |
| Renter Occupied HU | 310 (11.4%) |
| Vacant Housing Units | 1,063 (39.2%) |
| Median Home Value | $302,093 |
| Average Home Value | $355,064 |
Housing Distribution
Address Breakdown
Residential
1,817
Single Family
1,785
Multi-Family
32
Businesses
95
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Listed by: Amber Smith • Northwest Wisconsin Realty Team
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1589406
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.