347 Paddock AvenuePark FallsWI54552
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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 Park Falls at 347 Paddock Avenue, Park Falls, WI, 54552 uses $39,449 cash to close to unlock $1,522/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $925/mo, and a $582/mo payment keeps the spread at $127/mo. Purchase price stands at $119,000, and rental yield measures 9.33% with $925/mo rent. Return on cash invested shows 23.77% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 124.22% and total cumulative return in cash records $49,001. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $925/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.29 Acres 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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Listed by: Bradi Kasparec • Biller Realty
Mls Name: WIREX MLS
Mls ID: #1597503