703 Saint Lawrence StOgdensburgWI54962
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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 Ogdensburg at 703 Saint Lawrence St, Ogdensburg, WI, 54962 priced at $250,000 converts $1,644/mo rent into after a $1,224/mo obligation. Total monthly income equals $1,644/mo. Return on cash invested prints 19.41% in year one, and rental yield reads 7.89% against a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,070 by year five. Five-year ROI reaches 100.89% and total cumulative return in cash sums $83,614. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,644/mo property income covering a $1,224/mo payment, not borrower’s personal income.
Manufactured
Built in 1999
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54962, Ogdensburg, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 653 (100%) |
| Owner Occupied HU | 481 (73.7%) |
| Renter Occupied HU | 43 ( 6.6%) |
| Vacant Housing Units | 129 (19.8%) |
| Median Home Value | $279,930 |
| Average Home Value | $317,760 |
Housing Distribution
Address Breakdown
Residential
490
Single Family
485
Multi-Family
5
Businesses
15
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Listed by: Ben J Lyons • RE/MAX Lyons Real Estate
Mls Name: RANW
Mls ID: #50309728