709 Miles StreetChippewa FallsWI54729
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
Rental property for sale in Chippewa Falls at 709 Miles Street, Chippewa Falls, WI, 54729 priced at $369,900 converts $2,660/mo rent into $178/mo cash flow after a $1,810/mo obligation. Total monthly income equals $2,660/mo, and annual cash flow totals $2,136/yr on $122,622 invested. Return on cash invested prints 21.65% in year one, and rental yield reads 8.63% against a $369,900 entry. Equity gained on principal adds $2,387/yr, while 5% annual appreciation compiles into $102,197 by year five. Five-year ROI reaches 112.89% and total cumulative return in cash sums $138,430. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,660/mo property income covering a $1,810/mo payment, not borrower’s personal income.
Single Family
Built in 1920
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54729, Chippewa Falls, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,615 (100%) |
| Owner Occupied HU | 10,117 (64.8%) |
| Renter Occupied HU | 4,634 (29.7%) |
| Vacant Housing Units | 864 ( 5.5%) |
| Median Home Value | $292,344 |
| Average Home Value | $331,051 |
Housing Distribution
Address Breakdown
Residential
15,129
Single Family
14,304
Multi-Family
825
Businesses
1,096
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sissy Knopps • CB Brenizer/Eau Claire
Mls Name: WIREX MLS
Mls Provider:
Mls ID: #1587599
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.