603 Ramberg CtBalsam LakeWI54810
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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
Rental property for sale in Balsam Lake at 603 Ramberg Ct, Balsam Lake, WI, 54810 offers $3,269/mo rent that, after a $1,762/mo payment, leaves $853/mo cash flow. Total monthly income is $3,269/mo, and annual cash flow is $10,236/yr on $119,340 cash. Return on cash invested measures 28.49% in year one, and rental yield stands at 10.9% at a $360,000 entry. Equity gained on principal adds $2,323/yr while 5% annual appreciation compounds into $99,461 by year five. Five-year ROI records 149.5% and total cumulative return in cash reaches $178,413. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,269/mo property income versus a $1,762/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
2.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54810, Balsam Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,963 (100%) |
| Owner Occupied HU | 902 (46.0%) |
| Renter Occupied HU | 183 ( 9.3%) |
| Vacant Housing Units | 878 (44.7%) |
| Median Home Value | $355,263 |
| Average Home Value | $406,915 |
Housing Distribution
Address Breakdown
Residential
1,353
Single Family
1,326
Multi-Family
27
Businesses
83
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Listed by: Van Murray • Local Realty LLC
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6795122