808 East 3rd StreetLadysmithWI54848
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 Ladysmith at 808 East 3rd Street, Ladysmith, WI, 54848 offers a 11.26% rental yield on a $135,000 purchase with $1,267/mo rent. Total monthly income registers $1,267/mo, and a $661/mo payment leaves $361/mo available for distribution. Annual cash flow reaches $4,329/yr on $44,753 to close, and return on cash invested stands at 29.58% in year one. Equity gained on principal adds $871/yr while 5% annual appreciation supports $37,298 over five years. Portfolio math shows five-year ROI at 155.42% and total cumulative return in cash at $69,553. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,267/mo property income against a $661/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54848, Ladysmith, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,179 (100%) |
| Owner Occupied HU | 1,863 (58.6%) |
| Renter Occupied HU | 812 (25.5%) |
| Vacant Housing Units | 504 (15.9%) |
| Median Home Value | $169,924 |
| Average Home Value | $222,166 |
Housing Distribution
Address Breakdown
Residential
2,703
Single Family
2,492
Multi-Family
211
Businesses
292
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