324 2nd Ave NPark FallsWI54552
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
Investment property for sale in Park Falls at 324 2nd Ave N, Park Falls, WI, 54552 offers a 10.2% rental yield on a $179,900 purchase with $1,529/mo rent. Total monthly income registers $1,529/mo, and a $881/mo payment leaves $321/mo available for distribution. Annual cash flow reaches $3,854/yr on $59,637 to close, and return on cash invested stands at 26.37% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 138.27% and total cumulative return in cash at $82,461. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,529/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1800
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54552, Park Falls, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,463 (100%) |
| Owner Occupied HU | 1,597 (46.1%) |
| Renter Occupied HU | 483 (13.9%) |
| Vacant Housing Units | 1,383 (39.9%) |
| Median Home Value | $168,412 |
| Average Home Value | $213,472 |
Housing Distribution
Address Breakdown
Residential
2,185
Single Family
2,016
Multi-Family
169
Businesses
179
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Nearby investment properties with comparable prices
Listed by: Jessica Nettleton • By the Bay Realty
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6116731
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.