524 Cassandra Dr #44New 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
Investment property for sale in New Richmond at 524 Cassandra Dr #44, New Richmond, WI, 54017 uses $102,765 cash to close to unlock $4,762/yr annual cash flow and $397/mo monthly cash flow. Total monthly income runs $2,477/mo, and a $1,517/mo payment keeps the spread at $397/mo. Purchase price stands at $310,000, and rental yield measures 9.59% with $2,477/mo rent. Return on cash invested shows 24.54% in year one, and 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 128.36% and total cumulative return in cash records $131,911. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,477/mo property income covering a $1,517/mo payment rather than investor’s personal income.
Multi Family
Built in 2017
N/A 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: Jeremy J. Moe • WESTconsin Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6802578