604 West Miner AvenueLadysmithWI54848
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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 Ladysmith at 604 West Miner Avenue, Ladysmith, WI, 54848 offers a 9.18% rental yield on a $129,900 purchase with $994/mo rent. Total monthly income registers $994/mo, and a $636/mo payment leaves $122/mo available for distribution. Annual cash flow reaches $1,464/yr on $43,062 to close, and return on cash invested stands at 23.31% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 121.91% and total cumulative return in cash at $52,495. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $994/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1915
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54848, Ladysmith, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,179 (100%) |
| Owner Occupied HU | 1,863 (58.6%) |
| Renter Occupied HU | 812 (25.5%) |
| Vacant Housing Units | 504 (15.9%) |
| Median Home Value | $169,924 |
| Average Home Value | $222,166 |
Housing Distribution
Address Breakdown
Residential
2,703
Single Family
2,492
Multi-Family
211
Businesses
292
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Listed by: Adam Kaiser • Kaiser Realty Inc
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1589865
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.