657 Main St #202La PointeWI54850
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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 La Pointe at 657 Main St #202, La Pointe, WI, 54850 listed at $475,000 pairs $2,614/mo rent with a $2,325/mo payment. Total monthly income runs $2,614/mo. Return on cash invested measures 15.54% in year one, and rental yield registers 6.6% at a $475,000 basis. Equity gained on principal adds $3,065/yr, and annual property appreciation at 5% supports $131,234 by year five. Five-year ROI tracks 80.09% and total cumulative return in cash totals $126,115. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,614/mo property income relative to a $2,325/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54850, La Pointe, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 840 (100%) |
| Owner Occupied HU | 168 (20.0%) |
| Renter Occupied HU | 28 ( 3.3%) |
| Vacant Housing Units | 644 (76.7%) |
| Median Home Value | $380,000 |
| Average Home Value | $478,452 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
42
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Nearby investment properties with comparable prices
Listed by: Tina Nelson • eXp Realty, LLC- WI
Mls Name: Lake Superior Area Realtors
Mls Provider:
Mls ID: #6119552
Disclaimer: Information is supplied by seller and other third parties and has not been verified. Open House information is subject to change without notice. Copyright 2025 Lake Superior Area REALTORS, Inc.® MLS All Rights Reserved.