616 S Grove StRiponWI54971
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
Investment property for sale in Ripon at 616 S Grove St, Ripon, WI, 54971 at $121,000 posts ROI 58.9% with $1,303/mo cash flow from $2,327/mo rent. Total monthly income equals $2,327/mo, and annual cash flow records $15,639/yr on $40,112 to close. Return on cash invested measures 58.9% and rental yield reads 23.08% at the current $121,000. Equity gained on principal adds $781/yr, and 5% annual appreciation supports $33,430 by year five. Five-year ROI prints 314.98% and total cumulative return in cash totals $126,345.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,327/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1890
10,018 sqft 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
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