615 Ransom StreetRiponWI54971
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 Ripon at 615 Ransom Street, Ripon, WI, 54971 priced at $314,900 converts $2,180/mo rent into $67/mo cash flow after a $1,541/mo obligation. Total monthly income equals $2,180/mo, and annual cash flow totals $803/yr on $104,389 invested. Return on cash invested prints 20.68% in year one, and rental yield reads 8.31% against a $314,900 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation compiles into $87,001 by year five. Five-year ROI reaches 107.64% and total cumulative return in cash sums $112,366. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,180/mo property income covering a $1,541/mo payment, not borrower’s personal income.
Single Family
Built in 1937
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54971, Ripon, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,961 (100%) |
| Owner Occupied HU | 2,931 (59.1%) |
| Renter Occupied HU | 1,516 (30.6%) |
| Vacant Housing Units | 514 (10.4%) |
| Median Home Value | $264,464 |
| Average Home Value | $302,979 |
Housing Distribution
Address Breakdown
Residential
4,572
Single Family
4,001
Multi-Family
571
Businesses
337
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sarah Loberg • Better Homes and Gardens Real Estate Special Properties
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1996622
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.