4689 LAKE DRIVE #4685 LAKE DRIVEWisconsin RapidsWI54494
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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 Wisconsin Rapids at 4689 LAKE DRIVE #4685 LAKE DRIVE, Wisconsin Rapids, WI, 54494 generates $1,860/mo in rent, after a $5,629/mo payment. Total monthly income is $1,860/mo. Return on cash invested sits at 1.5% in year one, and rental yield is 1.94% on a $1,150,000 entry. Equity gained on principal adds $7,421/yr, while 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 4.74% and total cumulative return in cash sums $17,649. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,860/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
2.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54494, Wisconsin Rapids, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,906 (100%) |
| Owner Occupied HU | 9,146 (70.9%) |
| Renter Occupied HU | 2,982 (23.1%) |
| Vacant Housing Units | 778 ( 6.0%) |
| Median Home Value | $227,291 |
| Average Home Value | $257,662 |
Housing Distribution
Address Breakdown
Residential
12,386
Single Family
11,949
Multi-Family
437
Businesses
679
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Listed by: JASON SACHS • NEXTHOME PARTNERS
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #22504158
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Copyright 2025 WiREx All Rights Reserved