700 E 5th StNew RichmondWI54017
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 New Richmond at 700 E 5th St, New Richmond, WI, 54017 at $299,900 posts ROI 19.17% with from $1,952/mo rent. Total monthly income equals $1,952/mo. Return on cash invested measures 19.17% and rental yield reads 7.81% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 99.62% and total cumulative return in cash totals $99,040. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,952/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1954
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54017, New Richmond, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,605 (100%) |
| Owner Occupied HU | 6,267 (72.8%) |
| Renter Occupied HU | 2,005 (23.3%) |
| Vacant Housing Units | 333 ( 3.9%) |
| Median Home Value | $371,747 |
| Average Home Value | $424,805 |
Housing Distribution
Address Breakdown
Residential
8,602
Single Family
8,124
Multi-Family
478
Businesses
513
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michael D Giese • Century 21 Affiliated
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6688894
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