609 CHICAGO AVENUEWausauWI54403
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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 Wausau at 609 CHICAGO AVENUE, Wausau, WI, 54403 priced at $189,000 converts $1,165/mo rent into after a $925/mo obligation. Total monthly income equals $1,165/mo. Return on cash invested prints 17.93% in year one, and rental yield reads 7.4% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. Five-year ROI reaches 92.95% and total cumulative return in cash sums $58,234. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,165/mo property income covering a $925/mo payment, not borrower’s personal income.
Multi Family
Built in 1905
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54403, Wausau, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,199 (100%) |
| Owner Occupied HU | 6,942 (62.0%) |
| Renter Occupied HU | 3,576 (31.9%) |
| Vacant Housing Units | 681 ( 6.1%) |
| Median Home Value | $239,973 |
| Average Home Value | $298,057 |
Housing Distribution
Address Breakdown
Residential
10,829
Single Family
9,398
Multi-Family
1,431
Businesses
627
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Listed by: Bradley Woldt • FIRST WEBER
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #22404923
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.