700 Washington StreetThorpWI54771
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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 Thorp at 700 Washington Street, Thorp, WI, 54771 uses $69,615 cash to close to unlock $654/yr annual cash flow and $55/mo monthly cash flow. Total monthly income runs $1,464/mo, and a $1,028/mo payment keeps the spread at $55/mo. Purchase price stands at $210,000, and rental yield measures 8.37% with $1,464/mo rent. Return on cash invested shows 20.85% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 108.59% and total cumulative return in cash records $75,592. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,464/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1942
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54771, Thorp, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,808 (100%) |
| Owner Occupied HU | 1,240 (68.6%) |
| Renter Occupied HU | 401 (22.2%) |
| Vacant Housing Units | 167 ( 9.2%) |
| Median Home Value | $244,275 |
| Average Home Value | $309,488 |
Housing Distribution
Address Breakdown
Residential
1,427
Single Family
1,373
Multi-Family
54
Businesses
121
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