331 16TH AVENUE NORTHWisconsin RapidsWI54495
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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 Wisconsin Rapids at 331 16TH AVENUE NORTH, Wisconsin Rapids, WI, 54495 offers a 11.94% rental yield on a $215,000 purchase with $2,140/mo rent. Total monthly income registers $2,140/mo, and a $1,052/mo payment leaves $697/mo available for distribution. Annual cash flow reaches $8,369/yr on $71,273 to close, and return on cash invested stands at 31.65% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 166.53% and total cumulative return in cash at $118,693. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,140/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54495, Wisconsin Rapids, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,575 (100%) |
| Owner Occupied HU | 2,012 (56.3%) |
| Renter Occupied HU | 1,256 (35.1%) |
| Vacant Housing Units | 307 ( 8.6%) |
| Median Home Value | $192,323 |
| Average Home Value | $286,453 |
Housing Distribution
Address Breakdown
Residential
3,517
Single Family
3,163
Multi-Family
354
Businesses
405
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Listed by: TAMMI EVANS • FIRST WEBER
Mls Name: WIREX MLS
Mls ID: #22503265