602 Chestnut StreetBlack River FallsWI54615
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 Black River Falls at 602 Chestnut Street, Black River Falls, WI, 54615 offers $1,765/mo rent that, after a $905/mo payment, leaves $524/mo cash flow. Total monthly income is $1,765/mo, and annual cash flow is $6,287/yr on $61,328 cash. Return on cash invested measures 30.16% in year one, and rental yield stands at 11.45% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Five-year ROI records 158.5% and total cumulative return in cash reaches $97,203. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,765/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1953
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54615, Black River Falls, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,846 (100%) |
| Owner Occupied HU | 3,035 (62.6%) |
| Renter Occupied HU | 1,184 (24.4%) |
| Vacant Housing Units | 627 (12.9%) |
| Median Home Value | $256,204 |
| Average Home Value | $314,341 |
Housing Distribution
Address Breakdown
Residential
4,271
Single Family
3,928
Multi-Family
343
Businesses
387
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: DaleAnn Bohac • CB River Valley Realty/BRF
Mls Name: WIREX MLS
Mls ID: #1597578