340 13TH 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 340 13TH AVENUE NORTH, Wisconsin Rapids, WI, 54495 uses $77,869 cash to close to unlock $5,211/yr annual cash flow and $434/mo monthly cash flow. Total monthly income runs $2,011/mo, and a $1,150/mo payment keeps the spread at $434/mo. Purchase price stands at $234,900, and rental yield measures 10.27% with $2,011/mo rent. Return on cash invested shows 26.6% in year one, and 5% annual appreciation builds toward $64,899 over five years. Five-year ROI reaches 139.46% and total cumulative return in cash records $108,597. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,011/mo property income covering a $1,150/mo payment rather than investor’s personal income.
Single Family
Built in 1952
10,018 sqft 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: Rachel Mizgalski • eXp Realty, LLC
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #22500993
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.