420 Lake RoadAltoonaWI54720
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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 Altoona at 420 Lake Road, Altoona, WI, 54720 priced at $343,900 pairs $1,722/mo rent with after a $1,683/mo payment. Total monthly income equals $1,722/mo. Return on cash invested is 13.74% in year one, and rental yield stands at 6.01% on a $343,900 basis. Equity gained on principal adds $2,219/yr, and 5% annual appreciation accumulates to $95,013 by year five. Five-year ROI measures 70.49% and total cumulative return in cash reaches $80,359. For financing, Ziffy Mortgage’s DSCR program evaluates $1,722/mo property income against a $1,683/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1987
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54720, Altoona, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,370 (100%) |
| Owner Occupied HU | 2,472 (56.6%) |
| Renter Occupied HU | 1,606 (36.8%) |
| Vacant Housing Units | 292 ( 6.7%) |
| Median Home Value | $274,377 |
| Average Home Value | $303,526 |
Housing Distribution
Address Breakdown
Residential
4,465
Single Family
4,026
Multi-Family
439
Businesses
336
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Listed by: Lori Bishop • Woods & Water Realty Inc/Regional Office
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1586399
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.