509 Eureka StRiponWI54971
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Ripon at 509 Eureka St, Ripon, WI, 54971 priced at $149,900 converts $1,521/mo rent into $515/mo cash flow after a $734/mo obligation. Total monthly income equals $1,521/mo, and annual cash flow totals $6,176/yr on $49,692 invested. Return on cash invested prints 32.34% in year one, and rental yield reads 12.18% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 170.17% and total cumulative return in cash sums $84,563. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,521/mo property income covering a $734/mo payment, not borrower’s personal income.
Multi Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54971, Ripon, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,961 (100%) |
| Owner Occupied HU | 2,931 (59.1%) |
| Renter Occupied HU | 1,516 (30.6%) |
| Vacant Housing Units | 514 (10.4%) |
| Median Home Value | $264,464 |
| Average Home Value | $302,979 |
Housing Distribution
Address Breakdown
Residential
4,572
Single Family
4,001
Multi-Family
571
Businesses
337
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Listed by: Lisa Kurczek • Action Agency Real Estate
Mls Name: RANW
Mls ID: #50314422
Disclaimer: Copyright REALTORS Association of Northeast Wisconsin MLS, Inc. - All Rights Reserved Information received from other 3rd parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Zillow, Inc. nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.