489 2nd St SPark 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
Rental property for sale in Park Falls at 489 2nd St S, Park Falls, WI, 54552 priced at $100,000 converts $1,210/mo rent into $539/mo cash flow after a $489/mo obligation. Total monthly income equals $1,210/mo, and annual cash flow totals $6,472/yr on $33,150 invested. Return on cash invested prints 39.43% in year one, and rental yield reads 14.52% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 208.34% and total cumulative return in cash sums $69,064. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,210/mo property income covering a $489/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
4,356 sqft 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: CALA NEU • NORTHWOODS REALTY
Mls Name: GNMLS
Mls Provider:
Mls ID: #212283
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.