3223 South BLUE SPRUCE LANEAppletonWI54915
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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 Appleton at 3223 South BLUE SPRUCE LANE, Appleton, WI, 54915 generates $1,651/mo in rent, after a $1,517/mo payment. Total monthly income is $1,651/mo. Return on cash invested sits at 14.9% in year one, and rental yield is 6.39% on a $309,900 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,620 over five years. Five-year ROI reaches 76.71% and total cumulative return in cash sums $78,804. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,651/mo property income rather than buyer’s personal income.
Single Family
Built in 1987
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54915, Appleton, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,869 (100%) |
| Owner Occupied HU | 12,173 (68.1%) |
| Renter Occupied HU | 5,238 (29.3%) |
| Vacant Housing Units | 458 ( 2.6%) |
| Median Home Value | $271,850 |
| Average Home Value | $300,665 |
Housing Distribution
Address Breakdown
Residential
17,888
Single Family
15,218
Multi-Family
2,670
Businesses
678
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Listed by: Madeline Zempel • Think Hallmark Real Estate
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #50306274
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.