575 3rd Street, New Richmond, WI, 54017 | $991/mo Cash Flow

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
1080 sft

6375 Saint Croix Trl N APT 148, Oak Park Heights, MN, 55082

3 Bed
2 Bath
1188 sft

1319 Woodale Ct, Saint Croix Falls, WI, 54024

2 Bed
2 Bath
1429 sft

700 Leroy Ln APT 30, River Falls, WI, 54022

3 Bed
2 Bath
2436 sft

629 105th St, Amery, WI, 54001

Nearby investment properties with comparable prices

1 Bed
1 Bath
960 sft

539 East Kentucky Street, Saint Croix Falls, WI, 54024

3 Bed
1 Bath
1859 sft

205 Amundson St N, Amery, WI, 54001

3 Bed
- Bath
3148 sft

134 Division St, Woodville, WI, 54028

2 Bed
1 Bath
1520 sft

630 130th St, Amery, WI, 54001

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in New Richmond at 575 3rd Street, New Richmond, WI, 54017 offers $2,568/mo rent that, after a $1,150/mo payment, leaves $991/mo cash flow. Total monthly income is $2,568/mo, and annual cash flow is $11,893/yr on $77,903 cash. Return on cash invested measures 35.18% in year one, and rental yield stands at 13.11% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 185.45% and total cumulative return in cash reaches $144,472. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,568/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1960

8,437 sqft 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