623 Schofield StreetChetekWI54728
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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 Chetek at 623 Schofield Street, Chetek, WI, 54728 with 5% annual appreciation on a $199,500 basis while $1,516/mo rent supports operations. Total monthly income totals $1,516/mo and a $976/mo payment preserves $178/mo for cash returns. Annual cash flow comes to $2,131/yr on $66,134 deployed, and return on cash invested reaches 23.13% in year one. Equity gained on principal adds $1,287/yr, and five-year appreciation sums $55,118 alongside rental yield of 9.12%. Five-year ROI measures 120.84% and total cumulative return in cash totals $79,915.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,516/mo property income versus a $976/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54728, Chetek, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,728 (100%) |
| Owner Occupied HU | 2,221 (59.6%) |
| Renter Occupied HU | 494 (13.3%) |
| Vacant Housing Units | 1,013 (27.2%) |
| Median Home Value | $269,853 |
| Average Home Value | $300,989 |
Housing Distribution
Address Breakdown
Residential
2,906
Single Family
2,836
Multi-Family
70
Businesses
196
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Listed by: John Flor Team • Keller Williams Realty Diversified Chetek
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1588967
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.