400 North RICHMOND STREET #340AppletonWI54911
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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
Rental property for sale in Appleton at 400 North RICHMOND STREET #340, Appleton, WI, 54911 generates $1,512/mo in rent and, after a $930/mo payment, leaves $237/mo in cash flow. Total monthly income is $1,512/mo, and annual cash flow is $2,842/yr on $62,985 invested. Return on cash invested sits at 24.42% in year one, and rental yield is 9.55% on a $190,000 entry. Equity gained on principal adds $1,226/yr, while 5% annual appreciation builds toward $52,494 over five years. Five-year ROI reaches 127.73% and total cumulative return in cash sums $80,448. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,512/mo property income rather than buyer’s personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54911, Appleton, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,103 (100%) |
| Owner Occupied HU | 6,756 (55.8%) |
| Renter Occupied HU | 4,605 (38.0%) |
| Vacant Housing Units | 742 ( 6.1%) |
| Median Home Value | $247,679 |
| Average Home Value | $308,417 |
Housing Distribution
Address Breakdown
Residential
11,589
Single Family
9,437
Multi-Family
2,152
Businesses
995
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