700 Leroy Ln APT 14River FallsWI54022
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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 River Falls at 700 Leroy Ln APT 14, River Falls, WI, 54022 generates $2,093/mo in rent, after a $1,591/mo payment. Total monthly income is $2,093/mo. Return on cash invested sits at 18.92% in year one, and rental yield is 7.73% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 98.26% and total cumulative return in cash sums $105,865. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,093/mo property income rather than buyer’s personal income.
Townhouse
Built in 2000
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54022, River Falls, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,536 (100%) |
| Owner Occupied HU | 6,364 (66.7%) |
| Renter Occupied HU | 2,792 (29.3%) |
| Vacant Housing Units | 380 ( 4.0%) |
| Median Home Value | $383,846 |
| Average Home Value | $434,920 |
Housing Distribution
Address Breakdown
Residential
9,464
Single Family
8,236
Multi-Family
1,228
Businesses
573
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Listed by: The Leonhardt Team • Coldwell Banker Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls ID: #6820715