835 Craite AveRice LakeWI54868
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 Rice Lake at 835 Craite Ave, Rice Lake, WI, 54868 offers a 10.1% rental yield on a $207,400 purchase with $1,746/mo rent. Total monthly income registers $1,746/mo, and a $1,015/mo payment leaves $354/mo available for distribution. Annual cash flow reaches $4,251/yr on $68,753 to close, and return on cash invested stands at 26.09% in year one. Equity gained on principal adds $1,338/yr while 5% annual appreciation supports $57,301 over five years. Portfolio math shows five-year ROI at 136.74% and total cumulative return in cash at $94,011. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,746/mo property income against a $1,015/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 54868, Rice Lake, WI area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,937 (100%) |
| Owner Occupied HU | 4,889 (61.6%) |
| Renter Occupied HU | 2,225 (28.0%) |
| Vacant Housing Units | 823 (10.4%) |
| Median Home Value | $248,556 |
| Average Home Value | $301,125 |
Housing Distribution
Address Breakdown
Residential
7,298
Single Family
6,430
Multi-Family
868
Businesses
744
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices