624 Lake Ave ELadysmithWI54848
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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 Ladysmith at 624 Lake Ave E, Ladysmith, WI, 54848 generates $888/mo in rent, after a $734/mo payment. Total monthly income is $888/mo. Return on cash invested sits at 17.05% in year one, and rental yield is 7.11% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 88.24% and total cumulative return in cash sums $43,847. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $888/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
8,712 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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