343 N Green AveNew RichmondWI54017
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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 New Richmond at 343 N Green Ave, New Richmond, WI, 54017 at $215,000 posts ROI 31.48% with $687/mo cash flow from $2,130/mo rent. Total monthly income equals $2,130/mo, and annual cash flow records $8,249/yr on $71,273 to close. Return on cash invested measures 31.48% and rental yield reads 11.89% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 165.64% and total cumulative return in cash totals $118,057.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,130/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1930
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54017, New Richmond, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,605 (100%) |
| Owner Occupied HU | 6,267 (72.8%) |
| Renter Occupied HU | 2,005 (23.3%) |
| Vacant Housing Units | 333 ( 3.9%) |
| Median Home Value | $371,747 |
| Average Home Value | $424,805 |
Housing Distribution
Address Breakdown
Residential
8,602
Single Family
8,124
Multi-Family
478
Businesses
513
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Listed by: Steven R Talmage • Edina Realty, Inc.
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6822432