434 E 11th St APT LNew RichmondWI54017
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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 New Richmond at 434 E 11th St APT L, New Richmond, WI, 54017 generates $1,750/mo in rent and, after a $1,101/mo payment, leaves $240/mo in cash flow. Total monthly income is $1,750/mo, and annual cash flow is $2,883/yr on $74,588 invested. Return on cash invested sits at 23.77% in year one, and rental yield is 9.33% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 124.3% and total cumulative return in cash sums $92,709. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,750/mo property income rather than buyer’s personal income.
Multi Family
Built in 1980
0.55 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: Jordan Anderson • Property Executives Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #7008211