324 3rd StreetCornellWI54732
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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
Investment property for sale in Cornell at 324 3rd Street, Cornell, WI, 54732 uses $41,438 cash to close to unlock $1,259/yr annual cash flow and $105/mo monthly cash flow. Total monthly income runs $944/mo, and a $612/mo payment keeps the spread at $105/mo. Purchase price stands at $125,000, and rental yield measures 9.06% with $944/mo rent. Return on cash invested shows 22.95% in year one, and 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 119.82% and total cumulative return in cash records $49,649. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $944/mo property income covering a $612/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54732, Cornell, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,348 (100%) |
| Owner Occupied HU | 899 (66.7%) |
| Renter Occupied HU | 249 (18.5%) |
| Vacant Housing Units | 200 (14.8%) |
| Median Home Value | $236,270 |
| Average Home Value | $262,186 |
Housing Distribution
Address Breakdown
Residential
1,069
Single Family
1,060
Multi-Family
9
Businesses
91
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