528 3rd Ave 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
Investment property for sale in Park Falls at 528 3rd Ave S, Park Falls, WI, 54552 listed at $198,000 pairs $1,499/mo rent with a $969/mo payment to leave $170/mo cash flow. Total monthly income runs $1,499/mo, and annual cash flow reaches $2,044/yr on $65,637 cash to close. Return on cash invested measures 23.02% in year one, and rental yield registers 9.08% at a $198,000 basis. Equity gained on principal adds $1,278/yr, and annual property appreciation at 5% supports $54,704 by year five. Five-year ROI tracks 120.27% and total cumulative return in cash totals $78,940. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,499/mo property income relative to a $969/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
6,011 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: JAMIE LUND • RE/MAX NEW HORIZONS REALTY LLC
Mls Name: GNMLS
Mls Provider:
Mls ID: #214556
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.